Feds: Two former Penn State students plead guilty in nationwide hacking, fraud scheme

PENNSYLVANIA (WJAC) — Prosecutors say a second former Penn State student has admitted to his involvement in a federal investigation into nationwide computer hacking.

Federal officials say Kou Zhang entered into a plea agreement last week to a charge of conspiracy to commit wire fraud.

Another former Penn State student, Hanlin Yang, has already pleaded guilty to a similar charge.

According to investigators, the duo was reportedly part of a group that took advantage of senior citizens by gaining access to computer financial information and then telling the victims that they needed to transfer funds.