Following a collaborative investigation the two Israelis were arrested, and at the moment an extradition request filed by the FBI is pending. Gery Shalon and Ziv Orenstein, mentioned in the SEC complaint, were arrested in Israel. Joshua Aaron, a USA citizen living in Israel, was also charged over the Wall Street scam but had not yet been apprehended.
Israeli police sources said that the FBI had contacted them to ask for assistance, due to the involvement of Israelis.
If found guilty of the New York grand jury indictment, the men could face 20 years in prison.
Officials in Israel picked up two men charged in the United States with running a multimillion-dollar stock manipulation scheme on Tuesday.
Federal authorities announced on Tuesday that four people in Israel and Florida were arrested in suspicion of being connected to recent computer hacks of JPMorgan Chase and other financial institutions.
In last October, JPMorgan, the largest of the U.S. banks said that hackers have gained access into information of about seventy six million individual clients and seven million businesses, including names and addresses. The bank suspected the hack may have originated in Russian Federation, but was unclear as to whether it was the work of a state-sponsored