Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Fed computer hacker pleads guilty

By Charles Riley, staff reporter


NEW YORK (CNNMoney) -- A Malaysian man accused of hacking into the Federal Reserve's computer system pleaded guilty Wednesday in New York.

Lin Mun Poo had been accused of hacking into a computer network of the Federal Reserve Bank of Cleveland and installing a malicious code onto the Fed's server.

Appearing in court on Tuesday, Poo pleaded guilty to those charges and admitted to installing the code. He also admitted to possessing more than 400,000 stolen credit and debit card account numbers.

Poo, 32, was arrested in October by Secret Service agents as he attempted to enter the U.S. at Kennedy International Airport in New York.

His laptop was seized, and agents uncovered financial account data and personal identifying information that prosecutors allege he obtained by hacking into the computer networks of various financial institutions.

In addition to gaining access to the Fed's computer network, he also hacked into a Department of Defense contractor's network that contained "highly sensitive military logistics information." To top of page

Search for Jobs

Index Last Change % Change
Dow 17,773.64 -57.12 -0.32%
Nasdaq 4,775.36 -29.93 -0.62%
S&P 500 2,065.30 -10.51 -0.51%
Treasuries 1.82 -0.02 -1.03%
Data as of 9:46am ET
Company Price Change % Change
Bank of America Corp... 14.56 -0.23 -1.56%
Freeport-McMoRan Inc... 14.00 1.34 10.58%
Ford Motor Co 13.56 -0.53 -3.76%
Apple Inc 93.74 -1.09 -1.15%
Microsoft Corp 49.87 -0.03 -0.06%
Data as of Apr 29
Sponsors

Sections

The Oracle of Omaha joked that the impact on Corporate America would not be the biggest problem of a Donald Trump presidency. More

The Dow is down 300 points over the past two days, leaving the index on track for its worst week since early February. Blame fumbled earnings reports from the likes of Apple and Google as well as concerns about the Bank of Japan. More

Now you can watch the SpaceX Falcon 9 rocket land on a barge as if you were standing on the deck of the ship. More

Visa says new software will allow consumers to check out with chip cards as fast as swiping a card with magnetic strip. More