Feeds

Stay-at-home PayPal crook used stolen funds to buy gold bullion

Nottingham outlaw robbed the rich to feed ... himself

Using blade systems to cut costs and sharpen efficiencies

A computer crook who swindled eBay customers out of more than £185,000 has been jailed for three-and-a-half years.

Richard Kirk, 22, and from the Sherwood area of Nottingham, raided the PayPal accounts of 303 eBay users, transferring the money to accounts under his control. He used the stolen funds to buy a variety of goods, including laptops and bars of gold bullion.

Kirk was caught after one of his victims contacted police, who tracked Kirk down to his Mum's house. The outlaw was arrested after he took delivery of two bars of gold bullion, This is Nottingham reports.

Faced with the overwhelming evidence against him, Kirk pleaded guilty to fraud and theft charges. Judge Ebrahim Mooncey, who jailed him for three-and-a-half years at a sentencing hearing at Nottingham Crown Court, said: "A lot of effort was put in by you over a long period of time in order to conduct the fraud you did." ®

Boost IT visibility and business value

More from The Register

next story
14 antivirus apps found to have security problems
Vendors just don't care, says researcher, after finding basic boo-boos in security software
Secure microkernel that uses maths to be 'bug free' goes open source
Hacker-repelling, drone-protecting code will soon be yours to tweak as you see fit
Only '3% of web servers in top corps' fully fixed after Heartbleed snafu
Just slapping a patched OpenSSL on a machine ain't going to cut it, we're told
How long is too long to wait for a security fix?
Synology finally patches OpenSSL bugs in Trevor's NAS
Israel's Iron Dome missile tech stolen by Chinese hackers
Corporate raiders Comment Crew fingered for attacks
Roll out the welcome mat to hackers and crackers
Security chap pens guide to bug bounty programs that won't fail like Yahoo!'s
HIDDEN packet sniffer spy tech in MILLIONS of iPhones, iPads – expert
Don't panic though – Apple's backdoor is not wide open to all, guru tells us
Researcher sat on critical IE bugs for THREE YEARS
VUPEN waited for Pwn2Own cash while IE's sandbox leaked
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
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.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.