TweakTown

UK bank hacker sentenced to five years in prison for money theft

A British hacker was sentenced to more than five years in prison for pleading guilty to his role in a hacking scheme.

Published Thu, Apr 24 2014 7:09 PM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Tony Colston-Hayter, dubbed the "Acid House King," has been sentenced to five and a half years in prison for his part in a "sophisticated cyberattack" that stole $2.1 million from UK banks. Hayter worked alongside nine others used a clever Trojan to make transfers from Barclays and Santander bank branches, along with stealing credit and debit card account information of other victims.

UK bank hacker sentenced to five years in prison for money theft | TweakTown.com

The criminals used the stolen money to splurge on a rather lifestyle, including purchasing Rolex watches, high-end designer clothing, jewelry, and electronics.

"You were once a very successful and noted businessman, and once even appeared on the Jonathan Ross show," said Judge Juliet May QC, during the court hearing. "But it all went wrong - your marriage fell apart and you suffered from health issues before taking class A drugs such as crystal meth - although I gather you have taken every mind altering drug over the years."

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

Related Tags

Newsletter Subscription

Latest News

View More News

Latest Reviews

View More Reviews

Latest Articles

View More Articles