When Gery Shalon, mastermind of the infamous JPMorgan hack, flipped, US law enforcement considered it a triumph. But new evidence suggests that while Shalon was working with the FBI, he built a massive new fraud empire in Europe.
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The FBI’s star cooperator may have been running new scams all along
As Bharara spoke in New York, Shalon was sitting in an Israeli jail, detained at the request of US authorities, and the US attorney predicted the case would change the narrative that foreign hackers can operate with impunity. “The good news is that the FBI and Secret Service have cracked this case—and we aim to prove it in court.”
