A Russian national is in custody in Newark, N.J., facing charges of hacking into the web accounts of several brokerages to initiate sham stock trades that allegedly netted $1 million.

Petr Murmylyuk, aka “Dmitry Tokar,” 31, of Brooklyn, N.Y., was charged with one count of conspiracy to commit wire fraud, unauthorized access to computers, and securities fraud, Paul Fishman, a U.S. attorney in New Jersey, announced on Tuesday. Civil charges are also expected from the U.S. Securities and Exchange Commission (SEC). Murmylyuk is already being held on charges arising from a separate investigation by the Manhattan district attorney’s office.

Read more: SC Magazine

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