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21-Year-Old SIM-Swapping Mastermind Is Jailed for 10 Years

Joel Ortiz, the 21-year-old scholar who was once accused of stealing over $7.five million in virtual belongings by way of a SIM swapping operation, has been sentenced to 10 years in jail. He had pleaded accountable in February and permitted the plea discount.

In keeping with the professional paperwork launched on April 22, 2019, Ortiz was once accused via the Santa Clara County’ District Lawyer’s Workplace of hacking over 40 cell phones.

The lawyer’s workplace categorized him a “prolific SIM swapper,” noting that during one in all his operations, he succeeded in stealing over $five.2 million of his overall loot inside of a question of mins from a California-based crypto entrepreneur.

Ortiz was once arrested closing yr on the Los Angeles World Airport; previous this yr, he pleaded no contest (now not pleading accountable, however accepting the costs) to 10 separate fees of legal robbery.

The file additionally identified that the finances had been used essentially to bankroll a lavish way of life; he spent $10,000 at more than a few Los Angeles golf equipment, employed a helicopter for a song pageant, and spent much more on branded garments and baggage.

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