Are hack pump-and-dump brokerage fraudsters going global to evade the law? It's tempting to think so, after a hacker from India was sentenced to two years for such a scheme. The Indian national who lived in Malaysia was actually arrested in Hong Kong and extradited in May 2007 to the United States, reports the AP. He worked with two others from a base in Thailand and India to hack into brokerage accounts, and traded to pump up the value of stocks. One of the others was arrested and is being held in Hong Kong, while the other is at large. This was a good win for the Justice Department. But you have to wonder of brokerage scammers will start operating from countries where extradition and the arm of U.S. enforcement is less of a threat.

For more:
- here's the AP article

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