Feeds

Kimble/Schmitz gets 20 months suspended sentence

Fat fake escapes porridge

  • alert
  • submit to reddit

Choosing a cloud hosting partner with confidence

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

Security for virtualized datacentres

More from The Register

next story
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.