Wow, from his own home? Obviously never watched the film Hackers.
To quote Phreak and Cereal:
"What are you, stoned or stupid?
You don't hack a bank across state lines from your house, you'll get nailed by the FBI.
Where are your brains, in your ass? Don't you know anything?"
"Stupid, man. It's universally stupid"
If its true that all those accounts were accessed from one place..One wonders why that level of activity didn't trigger some sort of flag.