Frat brothers turn to a life of crime

Fraternity brothers face federal charges for pulling off a modern-day Wolf of Wall Street –style caper that raised millions of dollars in illicit funds from penny stocks, shady Bitcoin dealings and the 2014 cyber attack of JPMorgan chase.

According to Bro Bible reports Anthony Murgion and Josh Aaron, both 31, met as Phi Sigma Kappa brothers at Florida State University. The bond they formed over ten years ago later turned to a crime partnership after reuniting in 2014.

Aaron is accused of crafting scam emails to lure unsuspecting investors into purchasing worthless penny stocks.

Penny stock schemes were the subject of the 2013 hit film Wolf of Wall Street. The movie featuring Leonardo DiCaprio recalled the rise and fall of former stockbroker Jordan Belfort’s firm Stratton Oakmont.

Aaron managed to defraud victims of $2.8 million according to Bloomberg.

Murgio ran a Bitcoin exchange that laundered at least $1.8 million for hackers. The laundered money included “extortion payments made to hackers,” charged a FBI Memo.

Both Murgio and Aaron are reportedly linked to the 2014 breach that exposed the personal data of 83 million JPMorgan Chase customers.

Murgio was arrested in Tampa and is currently out on bond. Authorities are still searching for Aaron, whose last known whereabouts included Israel and Russia.

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