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Hacker Resells VOIP For Profit

Posted by ryuzaki0 on from the lots-and-lots-of-profit dept.

uncleO writes "The New York Times tells the story of today's arrest of Edwin Andres Pena, 23, who 'hacked into computers run by an unsuspecting investment company in Rye Brook, N.Y., commandeered its unprotected servers, and re-routed his phone traffic through them,' then 'used more than $1 million he received from his customers to go on a spending spree, buying real estate in south Florida, a 40-foot Sea Ray Mercruiser motor boat, and luxury cars including a BMW and a Cadillac Escalade.'"

2 of 155 comments (clear)

  1. Scam Artist Beware! by crazyjeremy · · Score: 4, Interesting

    When will they learn? If you ever find a get rich quick scheme that ACTUALLY WORKS and makes you millions you should spend it slowly. Don't go for the Escalade and McLaren. Don't buy a home on the coast of Florida. Do learn about banks in Switzerland.

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    Funnypics
  2. Toll fraud by porkThreeWays · · Score: 5, Interesting

    I used to work in the VoIP business writing software a few years ago. There's A LOT of illegal activity that goes on. Much more than you think. Espically in wholesale. These guys do this stuff all the time. I guess the real story is that it happened in the US. Mostly it happens outside of the US. But trust me, it happens all the time. The shitty thing is, you have to pay for minutes you were ripped off. It's one of the few businesses that you can have stolen more than you have. If I have a warehouse ripped off, I am only out the equipment in that warehouse. With tollfraud, I can be out 300,000 dollars more than my whole business is worth.

    It's bound to happen. A lot of these guys just buy a cheap-o softswitch and throw it in a noc. Some of them do their billing in MS Access.

    --
    If an officer ever threatens to taze you, say you have a pacemaker.