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2 plead guilty to $1 million stock pump-and-dump scheme, co-conspirator still on the run

2 plead guilty to $1 million stock pump-and-dump scheme, co-conspirator still on the run
Photo: WSB-TV (ABC) - News · view original

Two public company executives have pleaded guilty in federal court to participating in international pump-and-dump stock schemes that generated over $1 million in losses by hacking U.S. online brokerage accounts. Zoltan Nagy, 60 of Vancouver, British Columbia and Glenn Laken, 72 of Chicago, each...

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