Security News > 2021 > December > Hacker Jailed for Stealing Millions of Dollars in Cryptocurrencies by SIM Hijacking

Hacker Jailed for Stealing Millions of Dollars in Cryptocurrencies by SIM Hijacking
2021-12-01 20:50

A sixth member associated with an international hacking group known as The Community has been sentenced in connection with a multimillion-dollar SIM swapping conspiracy, the U.S. Department of Justice said.

Garrett Endicott, 22, from the U.S. state of Missouri, who pleaded guilty to charges of wire fraud and aggravated identity theft following an indictment in 2019, was sentenced to 10 months in prison and ordered to pay an amount totaling $121,549.

SIM swapping, also called SIM hijacking, refers to an identity theft scheme wherein malicious parties persuade phone carriers into porting their victims' cell services to SIM cards under their control, often facilitated by bribing an employee of a mobile phone provider or by contacting the service provider's customer support by posing as the victim and requesting that the phone number be swapped to a SIM card operated by the group.

"Members of The Community engaged in Sim Hijacking to steal cryptocurrency from victims across the country, including California, Missouri, Michigan, Utah, Texas, New York, and Illinois," the DoJ said, resulting in the theft of cryptocurrency valued, at the time of the theft, ranging anywhere between $2,000 to more than $5 million, from different affected parties.

Endicott is also the sixth and the last of the group members from the case to be sentenced between two to four years in prison, including four other people in the U.S. and one in Ireland - Ricky Handschumacher, Colton Jurisic, Reyad Gafar Abbas, Conor Freeman, and Ryan Stevenson.

"The actions of these defendants resulted in the loss of millions of dollars to the victims, some of whom lost their entire retirement savings," said Acting U.S. Attorney Saima Mohsin for the Eastern District of Michigan.


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