Argentina police have taken a teenager into arrest for leading a gang of hackers that targeted money transfers & gambling websites.

The 19-year-old ringleader, dubbed "the superhacker", was minting nearly $50,000 (£31,500) per month, working from his house in Buenos Aires, where he lived with his computer-expert father.

An investigator said, the young hacker set up the lucrative hacking business in partnership with his brother.

Speaking about the arrest, the investigator said, "We think he and his brother had set up such a lucrative business that their parents chose not to ask what was going on."

Police confiscated high-capacity computers from the hacker's bedroom. It took the investigators around one year to close in on the young hacker.

To prevent any move by the hacker someone else to delete sensitive data from the computers, the arrest operation was carried out after shutting down the power to the entire vicinity.