Feeds

Kimble/Schmitz gets 20 months suspended sentence

Fat fake escapes porridge

  • alert
  • submit to reddit

The Power of One Infographic

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

Related Stories

Kimble/Schmitz deported
YIHAT founder Kimble/Schmitz arrested
bin Laden hackmeister 'flees' Germany
bin Laden hackers denounce founder
bin Laden hack-meister in defacement, financial debacles
Tables turns on Bin Laden 'bank crackers'
We've cracked into bin Laden's bank - UK hackers
Kimble.org offers $10m reward for arrest of bin Laden
Letsbuyit awakes from coma

Mobile application security vulnerability report

More from The Register

next story
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.