Online Gambling Operators Face New Charges in JPMorgan Chase, Dow Jones Hack

Submitted by Jagajeet Chiba on

Written by :

Jagajeet Chiba

Published on :

Four individuals face new allegations that they were tied to theft of customer data through hackings at JPMorgan Chase & Co. and Dow Jones & Co.  

Two of the individuals, Gery Shalon and Ziv Orenstein, have already been charged with stock fraud.  Their online business, previously based out of Malta, have since been shuttered. 

From Bloomberg News:

The hackers stole data of more than 100 million customers around the world, prosecutors said. Almost all their schemes, including the market manipulation, “relied for their success on computer hacking and other cybercrimes,” according to the indictment.

The defendants include alleged ringleader Shalon and two others, Joshua Aaron and Orenstein. A second indictment accuses Anthony Murgio of conspiracy to operate an unlicensed bitcoin business called Coin.mx. Murgio was previously arrested in Florida. Shalon and Orenstein were arrested in Israel in August.

Fighting Cybercrime

The market manipulation scheme ran from 2012 to mid-2015.  The men are also said to have launder funds through some 75 shell companies.

Related Content

Popular Florida Casino Cruise Ship Shuts Down

Popular Port Canaveral Florida Casino Cruise Ship Shuts Down

For now at least, the company seems to suggest the stoppage of service is only temporary.
Sport Count is the Wrong Metic: What Betting Data From Turkey, Argentina, Malaysia Says About Sportsbook Suppliers

Sport Count is the Wrong Metic: What Betting Data From Turkey, Argentina, Malaysia Says About Sportsbook Suppliers

New Zoom In research from Uplatform shows football's share of handle in Turkey, Argentina and Malaysia drops sharply once matches go live, while basketball, tennis and cricket pick up the difference
Big Brands Win Player Acquisition Because They Did the Basics First

Big Brands Win Player Acquisition Because They Did the Basics First

Big brands win player acquisition. In the US, Flutter is putting an extra $270 million into FanDuel this half to buy shares for 2027, and DraftKings is pulling promotional spend forward for the NFL season.
Best Pay Per Head Software This 2026 NFL Season

Best Pay Per Head Software This 2026 NFL Season

We might be a little bias. AcePerHead.com has been a Gambling911.com partner for well over a decade now and they'll be with us for the next year.