Van T. Dinh. Photo credit: Associated Press
Van T. Dinh. Photo credit: Associated Press

In Manhattan, 25-year-old Van T. Dinh pleaded guilty in federal court to charges of computer fraud and identity theft. He was accused of cracking a New York-based currency exchange service and gifting himself more than $100,000, reports Wired Magazine. Dinh previously served prison time for an online stock-trading scheme. Dinh, who lives in Pennsylvania, was the first person charged by the Securities and Exchange Commission with a fraud involving both computer hacking and identity theft. Last December, he started engaging in more high-tech scheming, and large amounts of money began appearing in his accounts. The FBI traced the hacking to an IP address assigned to the home Dinh shares with his mother. He’s currently being held without bail.

Facebook Comments