Hacker Edwin Andrew Pena has admitted to selling millions of VoIP minutes at a profit of more than $1 million.

"Pena and cohort Robert Moore were arrested in June 2006 and accused of carrying out an elaborate scheme that routed more than 10 million minutes of VoIP calls over the networks of a dozen or so telecommunications providers without their permission," writes The Register's Dan Goodin. "They breached the networks by using brute-force attacks that deduced the security telephone prefixes needed to gain access."

"Because the scheme piggybacked off the resources of others, virtually all the revenue was profit," Goodin writes. "As a result, Pena was able to sell long-distance calls for as low as four-tenths of a cent per minute, a fraction of what legitimate providers charged."

Click here to read the article at The Register.