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According to authorities, Murmylyuk was part of a gang that beginning in late 2010, gained access to online trading accounts at Scottrade, e*Trade, Fidelity, Charles Schwab, and other brokerage firms and conducted a series of sham trades.
Once the hackers controlled the accounts, they used stolen identities to open additional accounts at other brokerage houses, and then initiated "unprofitable and illogical securities trades" that benefited the attackers.
They also changed the phone numbers and email addresses on file to prevent victims from being notified of the illegal trades.
If convicted, Murmylyuk faces a maximum penalty of five years in prison and a $250,000 fine.
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