E-Trade and TD-Ameritrade Users Hacked!
- Comments: 3
- Written on: October 23rd, 2006
Computer hackers based in East-Europe, Asia, and Thailand have successfully hacked into thousands of TD-Ameritrade, E-Trade, Fidelity, and Charles Schwab user accounts in what is being called the biggest single identity theft crime in history.
The heist is currently being investigated by the FBI, the SEC, and the National Association of Securities Dealers, and with good reason. New York-based E-Trade spent over $18 Million to compensate its users for losses and Nebraska-based TD-Ameritrade (formerly run by Pete Rickets) also lost an undisclosed amount of money as a result of the intrusion.