Hacker jailed after stealing thousands of pounds worth of gold bullion

Clunk flush goes his future…

Graham Cluley
Graham Cluley
@[email protected]

Canary wharf hacker

London’s Evening Standard reports:

A thief has been jailed after he stole thousands of pounds worth of gold by hacking into a company computer system from his Canary Wharf home.

Adam Penny, 25, hid one of his laptops in the toilet at his lavish apartment in a bid to stop detectives discovering his operation.

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The hacker stole the names, addresses and parcel tracking numbers of customers who were waiting for deliveries of gold bullion, which he passed on to three other men who acted as interceptors.

He sent the three thieves to wait outside of the addresses to interrupt the gold deliveries.

The group stole, or attempted to steal, six packages of gold with an estimated value of more than £88,000, which they then sold to an unsuspecting London jeweller.

To add to his sins, Penny also attempted to blackmail the gold bullion trading company for a further £50,000.

When police arrested Penny they found his six iPhones and two MacBooks, gathering evidence of his blackmail demands and instructions he had given other gang members who were intercepting the gold bullion deliveries.

In a press statement Detective Inspector Sanjiv Gohil, of the Metropolitan Police’s Cyber Crime Unit, reminded businesses of the need for secure defences:

“This case highlights the importance of robust cyber security systems for businesses and particularly those with an on-line presence. In this case the breach was reported to the police and we were able to investigate and bring Penny to justice, without further compromise to the company and their customers.”

Adam Penny has received a jail sentence of five years and four months.

Now he has been imprisoned Penny will have plenty of time to reflect on how he managed to flush his life down the toilet.

Graham Cluley is an award-winning keynote speaker who has given presentations around the world about cybersecurity, hackers, and online privacy. A veteran of the computer security industry since the early 1990s, he wrote the first ever version of Dr Solomon's Anti-Virus Toolkit for Windows, makes regular media appearances, and is the co-host of the popular "Smashing Security" podcast. Follow him on Twitter, Mastodon, Threads, Bluesky, or drop him an email.

2 comments on “Hacker jailed after stealing thousands of pounds worth of gold bullion”

  1. Matthew Parkes

    Is it me or is this guy the spitting image of the late John Belushi?

  2. Michael Ponzani

    "Flushed his life down the toilet." Yep, how true. I have three minor misdemeanors as my jacket. Wow, try opening up an overseas bank account, get a job, etc.Better to go thru a 12-step program where business owners are willing to give you a chance since they've been through it themselves. Otherwise its "Duck shoe."

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