Man Hacked Neighbors' Bank Accounts Using Facebook

A British man hacked his neighbors' bank accounts for more than $57,000 using their personal information shared on Facebook.

A man out of Northeast England has been sentenced to 15 months in prison after he hacked his neighbors’ bank accounts using information they posted on Facebook and Friends Reunited, a U.K.-based social networking site.

According to The Telegraph, Iain Wood spent up to 18 hours per day using the personal information his acquaintances posted online to work out passwords for their bank accounts.

He used the personal details to get past security checks and steal more than 35,000 British pounds ($57,000) over two years, which he blew on gambling.

Wood typed the usernames of his neighbors on bank websites.

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