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What did your children do during the lockdown?Maybe betting video games and streaming TV shows?Or were they designing a “sophisticated fraud” that would bring them millions of pounds in cryptocurrencies?
A British teenager who, locked up from his bedroom, created a fake online page that stole the main points of the account of unsuspecting netizens had the police worth 2. 1 million pounds sterling (2. 89 million US dollars) in cryptocurrencies.
The Lincolnshire schoolboy, whose call is through a court order, set up an online page in April 2020, which posed as Love2Shop, a genuine online page that sells virtual gift certificates.
The fake site, which looked almost the same as the genuine Love2Shop website, gave the impression of being superior in search effects because the young man had bought an ad from Google.
As prosecutor Sam Skinner explained, “people were tricked into clicking on their online page thinking they were accessing the official online page,” and victims accidentally entered their Love2Shop account email addresses and passwords before being redirected to the original site.
Lincoln Crown Court learned that the boy had used the stolen credentials to move £6,500 in coupons to his own Love2Shop account. No doubt more would have been stolen from him if the teenager hadn’t taken down his fake site after a week, just like Love2Shop was starting to do. investigate what happened in the wake of a visitor’s complaint.
Lincolnshire Live reports that an upcoming police investigation revealed that the teen’s computer had revealed more than 12,000 credit card numbers and main points from 197 PayPal accounts.
Prosecutor Sam Skinner said that between January and March 2020, the teenager earned a total of £323,000 in his PayPal accounts, which were then switched to cryptocurrencies:
Admitting cash laundering fees between April 9 and 16, 2020 and misrepresentation fraud, the A-level student, now 17, won a 12-month reinstatement order for youth, adding 150 hours of unpaid work.
Judge Catarina Sjolin Knight ordered the confiscation of £2,141,720 of the young man’s property and found that the boy’s age had prevented him from receiving a criminal sentence:
It’s hard for this young man not to know that what he was doing was wrong and that it was a corrupt offense. He intentionally stole the credentials and virtual vouchers of members of the public through no fault of his own by creating a fake site and paying for it to appear on the site. more sensitive to searching for results.
Online fraud isn’t a game, it’s a crime, and this teenager is lucky that his age means he wouldn’t possibly go to jail for it.