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Wednesday, August 12, 2015

Cybercriminals and traders charged with $100m ‘newswire fraud’

Fraud charges have been brought against an international team of cybercriminals and traders who netted more than $100 million in illegal profits, the US Securities and Exchange Commission (SEC) has announced.
A total of 32 individuals from around the world were involved in the scheme, which saw them benefit from ‘early access’ to financial information that had yet to be made public.


Cybercriminals and traders charged with $100m ‘newswire fraud’

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