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Welsh Payday Loans Boss Hired Hackers to DDoS Competitors, Critics

Posted on November 23, 2016 by Dissent

Catalin Cimpanu reports:

A Cardiff court has sentenced James Frazer-Mann, a 35-year-old man from Barry, the UK to a suspended sentence of 12 months, a fine of £530 ($660), and 180 hours of community service for hiring a hacker to go after his company’s competition and a website where customers had criticized his service.

US authorities discovered Frazer-Mann’s actions after they shut down Liberty Reserve, an online payment system based in Costa Rica that allowed people to transfer money by entering someone’s name, date of birth, and email address.

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