01 February 2008

My hero

As hackers go, Stanley Rifkin is the best:
"In 1978 Stanley Mark Rifkin earned his way into history and the Guinness Book of Records by stealing over $10 million from the now defunct Security Pacific National bank in Los Angeles. It was the largest bank heist and wire fraud case in history, but you've probably never heard of Stanley Rifkin. That's because he didn't use a gun, blow up the vault, sneak in through the sewers, or even hack the computer system. Acting alone, he simply used a payphone in the lobby of the bank during normal business hours to con the personnel in the wire transfer room into sending millions of dollars to a temporary account at another bank. Rifkin then transferred the funds to Switzerland, convert the cash into untraceable diamonds, and smuggled them back into the United States. He might have actually gotten away with the heist and remained anonymous forever if he hadn't bragged to his attorney, who tipped off the police. In fact, by the time the police notified the bank, Security Pacific was not even aware that any funds were missing."

Rico says he's always loved this guy's story. Click on the title to go to a book about it, The Art of Deception.

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