Teens Arrested in MySpace Extortion Scam

Two New York teens have been arrested after trying to extort $150,000 from the makers of MySpace, the popular online community site. MySpace discovered the intrusion earlier this year and blocked it. The Los Angeles-based company also reported the incident to authorities. During the course of the investigation, threats were made that unless $150,000 was paid, new exploit code would be released, according to the statement.

Haha, it’s hard to feel sorry for idiots. This may teach other’s to think twice about extortion on any company. Check out the full read at Slashdot.