British Paypal hacker could have made a $killing

Inspector Knacker of the Yard is scratching his head as to why a York hacker, who was jailed for an ID fraud, did not make the killing out of his crimes that he could have.

According to the York Press, Southwark Crown Court heard how Edward Pearson, 23, could have made about £834,000 if he chose to use the information he hacked out of people’s Paypal accounts.

Recorder Ann Mulligan described it as a very sophisticated crime which put many individuals at risk of attack.

He used malware to steal eight million personal details which could be used for credit card fraud and identity theft. These included Paypal accounts, 2,701 bank cards and enough dates of birth, postcodes and names to fill 67,500 double-sided A4 pages.

With his paws on all that data he could have made a killing but he actually only made £2,351. As it turned out, it was his girlfriend, Cassandra Mennim, 21, of Balmoral Terrace, Newcastle who alerted the cops when she used some of the details to book rooms at two York hotels, the Cedar Court Grand Hotel and Lady Anne Middleton’s Hotel.

Pearson’s brief Andrew Bodnar said the viruses were designed as “an intellectual challenge”.

Pearson, of Lendal, York, admitted making an article for use in fraud and two counts of possession of an article for use in fraud and was jailed for 26 months. His girlfriend admitted two counts of obtaining services dishonestly and was given 12 months’ supervision.