back to article Pump and dump scam hacker banged up

An Indian man convicted of hacking into internet brokerage accounts to manipulate stock prices has been jailed in the US for two years. Thirugnanam Ramanathan, 35, originally of Chennai, India, broke into customer investment accounts held with brokerages including TD Ameritrade, Fidelity and E*Trade. He dumped existing …

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  1. Ted Treen
    Unhappy

    He's learning...

    So he did (more or less) what brokers & traders have done for years by false rumour, planting of stories etc.

    Except they don't get prosecuted.....

    AND they get to keep the money.....

    Mine's the designer coat with the Porsche keys in the pocket.

  2. Bronek Kozicki Silver badge
    Coat

    he should have just hacked into some newspapers website ...

    see other news of the day

  3. StillNoCouch
    Coat

    @ Bronek

    Good play old man !

    One could easily leverage themselves into an RSS millionare in the 5 minutes it took UAL to going from bad to bargan. He could have bought of all of United Airlines for about $250,000 US (~ six euros).

    <-- The one with the wings on the lapel

  4. Steve Roper
    Coat

    He's also learning...

    ...as Gary McKinnon has, that the laws of the American Empire apply to the entire planet, not just the U.S. of A.

    Mine's the one with the Application for Asylum to the Alpha Centaurian Hegemony in the chest pocket.

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