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Three Spammers Indicted Following a Penny-Stock Spam Attack

U.S. Attorney Preet Bharara practicing in New York in Southern District lately declared an indictment against 3 cyber-criminals -Ziv Orenstein, Joshu.Samuel Aaron, and Gery Shalon because they effectively executed one stock spam attack, published fbi.gov, July 21, 2015.

It's said in the indictment that Orenstein, Aaron and Shalon were engaged in work with 2 entities promoting stocks from Florida and New Jersey respectively for executing certain "pump-and-dump" penny stock campaign. The three bought shares from thinly-traded firms and dispatched innumerable spam mails that suggested probable investors towards purchasing the shares so the prices would shoot up enabling the accused to then sell away the entire stocks.

The SEC (Securities and Exchange Commission) of USA filed one simultaneous legal action vis-à-vis Orenstein, Aaron and Shalon.

Being Israeli citizens, Orenstein and Shalon, who got arrested, are under the custody of Israeli Police. As per Prosecutors, USA is set to ask for the two defendants' extradition. Moreover, Aaron an American citizen residing inside Russia too would be prosecuted.

Prosecutors argue that the men earned multi-million dollars which they laundered via bank accounts that certain shell company in Cyprus held but running no real business.

According to Diego Rodriguez, Assistant Director-in-Charge at FBI, the kind of crimes, which the trio committed, are complicated as also international in form. Apparently, plentiful profit has gone for the defendants, who cheated unwitting investors for the purpose. FBI will steadfastly cooperate with its alliances both at home as well as abroad. That will make sure that U.S markets will be maintaining their integrity, while the communities are safeguarded from deceit, no matter what medium, means or scheme is used, Rodriguez explains. Fbi.gov published this.

Moreover within 2 more complaints, prosecutors from NY accused Anthony Murgio and Yuri Lebedev for orchestrating a Bitcoin exchange without license. The men, when staying inside their Florida houses, were arrested, according to Prosecutors. Advfn.com reported this, July 21, 2015.

Apparently by running Coin.mx, the duo let consumers towards inter-changing dollars with virtual currency. The twin accused let cyber-crime victims purchase Bitcoins for depositing ransoms to computer-attackers who'd hacked their PCs, thus enabling the attackers to earn money, prosecutors stated.

» SPAMfighter News - 7/31/2015

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