By Kevin Poulsen
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
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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