U.S. offers $2 M reward for fugitives
The U.S. Secret Service has announced a $2 million reward for information leading to the arrest or conviction of two Ukrainian men accused of hacking into the Securities and Exchange Commission’s data system. Artem Radchenko, 28, and Oleksandr Ieremenko, 28, acquired inside information on publicly traded companies by stealing test versions of quarterly and annual reports filed with the SEC but not yet available to investors, the Secret Service said in a statement on July 22. The two men earned over $4.5 million in illicit profit by both selling the inside information to others and trading on it. Messrs. Radchenko and Ieremenko carried out their scheme for more than a year, the Secret Service said. The reward, which consists of $1 million for helping capture each individual, is an unprecedented step by the Secret Service.