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ExtraTorrent.cc > Articles > Payday Loans Company Hired Hackers to Attack Consumer Website

Payday Loans Company Hired Hackers to Attack Consumer Website

Payday Loans Company Hired Hackers to Attack Consumer Website

Added: Wednesday, November 23rd, 2016
Category: About Torrents > Staying Safe And Secure
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, www.extratorrent.cc, 2016
The founder of a payday loans company Elite Loans hired hackers to attack a consumer rights website in retaliation for carrying customers’ complaints about his activities.

The company owner was tracked down by the Federal Bureau of Investigation after paying the US hackers for launching an attack on the Consumer Action Group (CAG) website. The man is also accused of paying hackers to target websites of rival payday loan firms. As a result, a 35-year-old was sentenced to 4 months in prison, suspended for a year. The site owner was also ordered to carry out 180 hours of unpaid work and to pay £530 in legal costs after admitting 5 charges of commissioning hacks.

It turned out that the founder of the payday loans company contacted hackers after his business had been criticized on the CAG website, a popular venue for consumer rights discussion. He tracked down hackers on an online forum about hacking and paid them for the attempt to bring the website down, though it was unsuccessful. Besides, he also paid £2,000 to hackers to launch hacker attacks against the websites of his rivals. The hackers used DDoS attacks, which involves flooding the target with superfluous requests and overloading their systems. In most cases, the effects of such attacks are quite significant, because such microlending companies are too reliant on their websites to generate business.

The company used the Liberty Reserve payment system, based in Costa Rica, which was shut down by the American government 3 years ago amid fears that criminals were using it. During its investigation into the system, the US authorities came across the payday loan site’s dealings with hackers and contacted officers in the United Kingdom.

Posted by: 

Date:  Wednesday, November 23rd, 2016

Comments (10) (please add your comment »)

posted by (2016-11-23 16:26:33)
No avatarKarma ensues for this shady loan company... on that note, Happy Thanksgiving to the FBI for stealing the presidency away from Hillary... her popular vote lead surpasses 2 million and still counting, as are Trump's dirty secrets... ironically, Payday loans founder gets prison time for his hacking ties, while Donnie gets rewarded with nuclear weapons and the world's greatest military force at his disposal for his... now I see why some distrust 'Merica.

posted by (2016-11-23 16:53:46)
No avatarHacking and spying is where it's at. If I had known that 20 years ago I would have gone full on. Instead, I decided to get back to nature.

This sounds like another case of risk vs reward. I don't know... Maybe I should upload 15,000 porn vids like those kids did for 10$ a month. Make 7.5 million dollars but have to spend 3 years in prison. How many people would be willing to spend 3 years in prison to make 7.5 million? lol

posted by (2016-11-23 16:55:52)
No avatarSorry but at least know you facts concerning the DNC party when it comes to fraudulent voting, which they are known and famous for. HRC is and always be unelectable. Even PEW did the research with the last election and found over 18 million fake voters and 2-3 million illegals votes for this illicit party. This election, the expectation of fraudulent voting will be over 25-32 million. So...in the end she and Obama never won the election. Now...let that sink in for a minute....30 million fake voters. In the end, between the dimwits of Soros and others, they wasted over 10 billion dollars to buy the election.

posted by (2016-11-23 18:37:30)
chiaman avatarHemidakota go back to Breitbart to peddle your Big Lies. Not welcome here.

posted by (2016-11-23 19:16:39)
n2kmaster avatarFind this quite interesting, considering in Canada right now the Payday loans system is up on a 10 million dollar class action law suit right now. Seems like no matter which country it is, these guys are bad news period.

posted by (2016-11-24 01:46:44)
Admiral_Smith avatarThat is actually considered intelligence operations in the finance district. It is not quite business intelligence so the feds got involved. It is called finance intelligence or "SECURITIES"

posted by ModeratorET junkieET lover (2016-11-24 02:21:25)
Cat avatarImagine that a modern day loan shark crying like a bitch

posted by (2016-11-24 03:36:48)
rapskaLLion23 avatarhahaha laugh at those comments perpectively ^______^v

posted by (2016-11-24 10:32:02)
buckrogers2017 avatarAs they say..... What goes around comes around

posted by (2016-11-24 19:14:36)
breathless19 avatar" I wont my f%$£ing money by Friday....or Ill send the boys round to break your internet " digital knee capping ??

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