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NZ: Teen hacks up to $260,000

Posted on May 17, 2016 by Dissent

Police estimate a Gisborne teenager’s internet banking fraud could now have a tally as high as $260,000. Jake Kyle Hall, 19, yesterday pleaded guilty in Gisborne District Court to about 95 more fraud charges.

He had already pleaded guilty last December to about 80 charges, with a total of his unlawful takings estimated at that time to be about $70,000.

Judge Warren Cathcart further remanded him in custody for sentence on July 4.

[…]

Charging documents describe the offending as Hall having directly accessed computer systems to get bank or credit card details and thereby dishonestly obtaining a pecuniary advantage.

His crimes affected numerous customers at a variety of banks. Most of the customers were targeted several times, with Hall taking several thousand dollars in total from them.

Read more on Gisborne Herald.

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Category: Financial SectorHackID TheftNon-U.S.

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