Arizona Botnet Controller Draws 30-Month Federal Sentence 76
dgharmon writes with word from the BBC that "A U.S. hacker who sold access to thousands of hijacked home computers has been jailed for 30 months. Joshua Schichtel of Phoenix, Arizona, was sentenced for renting out more than 72,000 PCs that he had taken over using computer viruses." Time is cheap: Schichtel admitted to giving access to those 72,000 computers for $1500.
Re:Hmmm (Score:5, Informative)
It's rather silly to commit individual crime when corporate crime pays more and there's usually no time served.
White collar criminals do indeed go to jail.
Former Chairman and CEO of Kellogg, Brown & Root Inc. Sentenced to 30 Months in Prison for Foreign Bribery and Kickback Schemes [fbi.gov]
Former TBW CEO Sentenced to 40 Months in Prison for Fraud Scheme [fbi.gov]
Two Former Canopy Financial Co-Founders Sentenced to 15 and 13 Years in Prison for $75 Million Investment Fraud and Raiding $18 Million from Custodial Heath Care Expense Accounts of 1,600 Customers [fbi.gov]
Allen Stanford Convicted in Houston for Orchestrating $7 Billion Investment Fraud Scheme [fbi.gov]
Just a sample. Just search for "CEO" [fbi.gov] to see more. It's not hard to find other examples.
Re:Hmmm (Score:5, Informative)
And yet not one of the CEOs responsible for the epic fraud that crashed the world economy in 2008 has even been arrested, let alone charged and tried.
Some will go to jail.
Georgia banker gets 12-year sentence for fraud [housingwire.com]
Some will be at least inconvenienced.
SEC charges ex-Fannie, Freddie CEOs with fraud [dailyrepublic.com]
Unfortunately, the real cause of much of this is beyond the hand of the law:
How The Government Caused The Mortgage Crisis [businessinsider.com]
A sad story:
While Freddie & Fannie Spanked, Dodd Leered [melaniemorgan.com]