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Japan 8 Largest Brokerages Including Nomura, SMBC Nikko Securities, Rakuten Securities, SBI Securities & Monex Report Unauthorized Trades with $700 Million Fraudulent Trades Since 2025 February, Hacked Accounts to Buy Stocks with Low Liquidity to Inflate Stocks Prices, Brokerages Issued Warnings to Customers of Phishing Emails Stealing Account Numbers & Passwords
25th April 2025 | Hong Kong
Japan 8 largest brokerages including Nomura, SMBC Nikko Securities, Rakuten Securities, SBI Securities & Monex have reported unauthorized trades with $700 million fraudulent trades since 2025 February. The trading fraud involved using hacked accounts to buy stocks with low liquidity to inflate stocks prices. Earlier in 2025 April, Japan largest brokerages Nomura, SMBC Nikko Securities & Monex reported unauthorized trades in customers accounts, and have issued warnings to customers of phishing emails stealing account numbers & passwords.
“ Japan 8 Largest Brokerages Including Nomura, SMBC Nikko Securities, Rakuten Securities, SBI Securities & Monex Report Unauthorized Trades with $700 Million Fraudulent Trades Since 2025 February, Hacked Accounts to Buy Stocks with Low Liquidity to Inflate Stocks Prices, Brokerages Issued Warnings to Customers of Phishing Emails Stealing Account Numbers & Passwords “
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Japan Largest Brokerages Nomura, SMBC Nikko Securities & Monex Report Unauthorized Trades & Issued Warning to Customers of Phishing Emails Stealing Account Numbers & Passwords
5th April 2025 – Japan largest brokerages Nomura, SMBC Nikko Securities & Monex are reporting unauthorized trades in customers accounts, and have issued warnings to customers of phishing emails stealing account numbers & passwords.
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