From: InfoSec News (alertsinfosecnews.org)
Date: Thu Oct 08 2009 - 00:03:50 CDT

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http://www.wired.com/threatlevel/2009/10/dinh/

By Kevin Poulsen
Threat Level
Wired.com
October 7, 2009

A former teenage hacker who once served prison time for an online
stock-trading scheme pleaded guilty last week to new charges of cracking
a New York-based currency exchange service and gifting himself more than
$100,000.

On Sept. 29, Van T. Dinh, now 25, confessed to computer fraud and
identity theft in federal court in Manhattan.

Dinh, who lives in Pennsylvania, gained notoriety in 2003, when, as a
19-year-old stock trader, he found a novel way to unload a bad
investment in thousands of worthless stock derivatives: He hacked into
another trader.s account, and bought the options from his own account.

The gambit made Dinh the first person charged by the Securities and
Exchange Commission with a fraud involving both computer hacking and
identity theft. He was sentenced in 2004 to 13 months in prison,
followed by three years of supervised release.

[...]

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