Sunday, August 27, 2006

INVASION OF STOCK HACKERS


Arriving home from a five-week trip to Belgium and India on Aug. 14, a jet-lagged Korukonda L. Murty picked up his mail – and got the shock of his life. Two monthly statements from online brokerage E*Trade Financial Corp. showed that securities worth $174,000 – the bulk of his and his wife's savings – had vanished. During July 13-26, stocks and mutual funds had been sold, and the proceeds wired out of his account in six transactions of nearly $30,000 apiece. Murty, a 64-year-old nuclear engineering professor at North Carolina State University, could only think it was a mistake. He hadn't sold any stock in months.
read more about it here......

2 comments:

easwaran said...

beloved Rish trader
it is quite informative and i am alerted by your information.where is question of secured in online trade.sir can u guide me how to protect my self from this hawking menance. is there any software available. pl inform
easwaran
bbliss47@yahoo.co.in

Anonymous said...

DEAR RISH,
MANY MANY THANX FOR SUCH IMMENSLY USEFUL INFORMATION.KINDLY CONTINUE TO ALERT YOUR FANS.
NKJSTAR

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