Computer hacker Ehud Tenenbaum admits to stealing $10 million from US banks by hacking computers.
By JPOST.COM STAFFPublished: AUGUST 26, 2009 08:55Advertisement
Ehud Tenenbaum, also known as "The Analyzer," pleaded guilty in a New York court last week to a single count of bank-card fraud in which, according to federal officials, some $10 million were stolen from US banks by computer hacking, Wired reported.
Tenenbaum, 29, earned his nickname when he, several other Israelis and two California teens hacked the US Pentagon's computers in 1998. He was 19 at the time. Prime Minister Binyamin Netanyahu, who was halfway through his first term when Tenenbaum was arrested, said he was "damn good, but very dangerous, too."
This time, Tenenbaum was extradited to the US from Canada after Canada arrested him for allegedly stealing about $1.5 million from Canadian banks.
Prosecutors alleged in an extradition affidavit that Tenenbaum hacked into two US banks, a credit- and debit-card distribution company and a payment processor, in what they called a global "cash-out" conspiracy. But he was only charged with one count of conspiracy to commit access-device fraud and one count of access-device fraud.
His sentence will be announced November 19, and he faces a maximum of 15 years in prison. Prosecutors declined to comment on the case or describe the details of his plea agreement. The second count in the indictment, charging conspiracy, appears to have been dropped.
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