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Indian pleads not guilty

Houston: An Indian, who was extradited to the U.S. from Hong Kong on June 20, to face charges in what authorities described as an international “hack, pump and dump” scheme, has pleaded not guilty to charges that he hacked into online brokerage accounts to manipulate stock prices.

Jaisankar Marimuthu, 34, entered into a not guilty plea in U.S. District Court for the District of Nebraska on June 25, according to court records.

According to the U.S. Department of Justice (DoJ), Marimuthu had already been arrested by Hong Kong police on similar charges. — PTI

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