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JPMorgan Hacker May Have Built New Fraud Empire While Working With FBI

On Nov. 10, 2015, Preet Bharara, then the US attorney for the Southern District of New York, stepped behind a podium in the lobby of 1 Saint Andrew’s Plaza in Manhattan and made a stunning announcement. Flanked by agents from the FBI and the US Secret Service, he trumpeted the takedown of “one of the largest cyberhacking schemes ever uncovered.” JPMorgan Chase & Co., a pillar of the global financial system, had been hacked the year before by a gang that also infiltrated other marquee financial c...

Read more at bloomberg.com

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