Michael Largent, 22, accused of stealing “micro-deposits” that are used to verify information in new brokerage accounts. He opened more than 58,000 fraudulent accounts on E*Trade, Charles Schwab, and other online brokerage services. He faces a maximum of 25 years in prison for mail fraud, wire fraud, computer fraud, and computer fraud. The DOJ says he opened the accounts using false names, addresses, driver’s license numbers, and Social Security numbers.”]
Source: https://www.darkreading.com/attacks-breaches/man-arraigned-for-setting-up-58-000-brokerage-accounts