Showing posts with label fraud. Show all posts
Showing posts with label fraud. Show all posts

Saturday, 28 September 2013

Pirate Bay Co-Founder’s Sentence Cut In Half

Pirate Bay co-founder Gottfrid Svartholm Warg
Pirate Bay co-founder Gottfrid Svartholm Warg's prison sentence for hacking and fraud has been reduced from two years to one. (Photo: Reuters)
Pirate Bay co-founder, Gottfrid Svartholm Warg had his prison sentence for hacking and fraud reduced from two years to one. A Swedish appellate court made the decision on Wednesday after finding that one of the hacking charges against Svartholm Warg lacked sufficient evidence, the Associated Press reported. Namely, charges relating to the hacking of Nordea Bank AB were dismissed, while other hacking charges were upheld.

The Pirate Bay co-founder's sentence was cut in half because the Svea Court of Appeal said it could not rule out Svartholm Warg's claim that others could have remotely accessed his computer to hack into the Nordea Bank AB's servers. While the court dismissed the bank hacking charges, it upheld the conviction against Svartholm Warg of hacking into the servers of two other companies, Applicate and Logica, which handle sensitive information for Sweden's police force and tax authority. The Wall Street Journal reported that Svartholm Warg was originally convicted of hacking into all three companies' servers in June, resulting in the two-year sentence.  
The Pirate Bay is one of the world's biggest free file-sharing websites, giving millions of users a way to illegally download music, movies and software. Since launching the site in 2003, Svartholm Warg and fellow co-founder Fredrik Neij have been embroiled in controversy. In 2009, the co-founders, along with company spokesman Peter Sunde and businessman Carl Lundstrom, were given one-year sentences for copyright violation by a Swedish court and ordered to pay 46 million kronor ($6.5 million) in damages to the entertainment industry.
Svartholm Warg left the country while appealing that ruling. He was arrested in Cambodia in 2012 and deported back to Sweden after an international arrest warrant was issued against the Pirate Bay co-founder, per the AP. He served out his first sentence for copyright violation while under detention over his hacking charges.
But while the Pirate Bay co-founder might have had his sentence reduced in Sweden, he might not be out of hot water yet. Decrypted Tech reported that Svartholm Warg is facing extradition to Denmark, as he is a suspect in a breach that resulted in the theft of driving records and social security numbers. The Danish authorities expect to have Svartholm Warg in custody in a few days.

Thursday, 12 August 2010

Online banking virus Zeus v3 fleeces thousands

Computer (Pic:Rex)
Hackers have raided thousands of online bank accounts in a sophisticated sting.

The scammers have stolen about £675,000 from customers at a top high street bank, which remained unnamed last night. About 3,000 people are thought to have been hit between July 5 and August 4 - and the theft is said to be still going on.

Accounts have been raided after people had their computers infected by a new Trojan virus - known as Zeus v3 - as they surfed the net.

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The company said: "Criminals continuously seek new, sophisticated ways to steal information and money without detection."

Victims of online banking fraud usually have the money refunded.

Source: http://www.mirror.co.uk/news

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