Georgian hacker pleads guilty to $36M worth of credit card information theft

Georgian hacker pleads guilty to $36M worth of credit card information theftComputer hacker Rogelio Hackett, 26, yesterday pleaded guilty to fraud and identity theft in a Virginia federal court, the U. S. Department of Justice said.

The Georgia resident had been trafficking in stolen credit card data since 2002. During a raid on Hackett’s house in 2009, police found more than 675,000 stolen credit card numbers.

Admitting his guilt, Hackett said he had been hacking computers since late 1990s, and started hacking for generating money by 2002 by stealing bank card details from SQL databases.

As per estimates, fraudulent transactions from breached accounts totaled at more than $36 million.

In addition, Hackett manufactured and sold counterfeit plastic cards, and used the stolen credit card information to acquire merchandise and gift cards.

Hackett will be sentenced on 22nd of July. He faces a maximum of 10 years in prison and $250,000 in fine.