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November 5, 2007 5:39 PM

P2P warning: Limewire I.D. thief pleads guilty

Posted by Brier Dudley

A little reminder to be cautious when using P2P networks: Federal prosecutors announced today that Gregory Kopiloff, a 35-year-old Seattleite, pleaded guilty today to using networks such as Limewire to probe other people's computers and steal their financial information.

Kopiloff "admits he used file sharing programs to invade the computers of victims across the United States to get access to their personal information in tax returns, credit reports, bank statements and student financial aid applications,'' according to a news release from the U.S. Attorney's Office for Western Washington.

He used the information taken from more than 50 people to buy and resell more than $73,000 worth of merchandise, the release said.

Sentencing is scheduled for Jan. 28. Mail fraud is punishable by up to 20 years in prison and a $250,000 fine, while the unauthorized access penalty is up to five yeras and $250k. Aggravated ID theft "mandates a two-year prison sentence to run consecutive to the prison time imposed on the underlying conviction,'' the release said.

Here's an AP writeup.

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