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Postbank Hack : Postbank Hacker Teboho Donald Masoleng Sentenced

Tue, Mar 20, 2012

South Africa

Postbank Hacker Teboho Donald Masoleng who was involved in the Postbank cyber heist was sentenced to 15 years in jail by the Hoopstad Magistrate’s Court in the Free State on Tuesday 20 March 2012. Masoleng was part of a gang that hacked into the Postbank system and transferred R43 million into various accounts between December 31 and January 1.

“Teboho Donald Masoleng appeared before a magistrate in Hoopstad, and pleaded guilty to charges of fraud. He was sentenced to 15 years for his role in the heist,” Colonel McIntosh Polela said in a statement.

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