Kimble/Schmitz gets 20 months suspended sentence

Fat fake escapes porridge

German glam-hax0r Kim Schmitz (aka Kimble) has received a 20 month suspended sentence from a Munich court after being convicted of stock price manipulation designed to net him €1.2m (£750,000).

Schmitz, who was extradited from Thailand in January after a botched attempt to flee justice, was also fined €100,000 by the court after pleading guilty to insider trading of shares in Letsbuyit.com.

The fraud took place when the fat one's front company, Kimvestor, took part in a scheme to rescue Letsbyit.com from collapse.

Schmitz, readers will recall, was the founder of YIHAT (Young Intelligent Hackers Against Terrorism), an 'elite' crew of IRC kiddies determined to use their mad skillz to track down international terrorist Osama bin Laden. Schmitz has also claimed to be a master hacker himself, in addition to being a financial wizard.

In January, while he was on the run Schmitz posted a cryptic message on his site advertising plans to commit suicide - or at least his crossing "to a new world".

This proved to be a publicity stunt and visitors to the site are now informed that Schmitz wishes to be known as "King Kimble the First - Ruler of the Kimpire".

The stunt is fairly typical of Schmitz, as amply demonstrated on his Web site. He even hired a model who'd posed in Playboy to pretend to be attracted to him as he squired a cluster of pals around the Caribbean in a rented yacht he hopes we'll think he owns.

His legend of hacking proficiency is based on a little fact interlarded with a lot of juicy bits taken from media accounts and movies, as this article mirrored by Attrition makes painfully clear. ®

External Links

Heise Online's report of Schmitz's sentencing (in German)
... and Der Spiegel's report

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