Bored teens in $160m net fraud

Three German teenagers are under investigation for fraud after they spent 130 million euros ($160 million) in a two-hour internet shopping spree, claiming they were “bored”.

The teens hacked into an internet auction site account

The 19-year-olds splashed out on light aircraft, patents, industrial machinery, restaurants and artwork after hacking into an account on an internet auction site, authorities said on Friday.

“They gave boredom as the motive and made no attempt to disguise what fun they had buying only the most expensive things,” according to police in the western town of Limburg.

State prosecutors are investigating.

Source: Reuters