Accused JPMorgan Hacker Will Forfeit 81 Overseas Accounts

By Jack Newsham (May 1, 2017, 8:04 PM EDT) -- An Israeli man whom U.S. prosecutors accuse of running several online criminal schemes, including an unprecedented hack of a JPMorgan Chase & Co. database of 83 million customers, agreed to drain 81 overseas bank accounts and send the money to the U.S. government, according to court papers filed Friday.

Gery Shalon, who allegedly hid at least $100 million in various bank accounts when he was indicted in late 2015, is currently in talks with the government about a possible plea bargain, according to a notice filed in New York federal court last month. In documents filed Friday, Shalon admitted to being...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!