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Former Teen Stock Swindler Pleads to New Hacking Charges




Former Teen Stock Swindler Pleads to New Hacking Charges
Former Teen Stock Swindler Pleads to New Hacking Charges



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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