By Kevin Poulsen
March 30, 2009
A former teenage hacker who served prison time for an online
stock-trading scheme is back in jail again, after allegedly gaining
administrative access to a New York-based currency exchange service and
gifting himself more than $100,000.
Van T. Dinh, now 25, was charged (.pdf) Friday with two counts of
computer fraud in federal court in Manhattan.
The Pennsylvania-based Dinh 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 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.
Best Selling Security Books and More!