You hear stories about this sort of thing, but to be honest I never really know how much to take them seriously. Ex-Hacker gets hired by big multinational as security expert. Sounds cool. But does it really happen? So it seems.

"A man accused of hacking into search engine company AltaVista's computer systems about two years ago is now employed by Microsoft Corp., reportedly working on search technology. Laurent Chavet, 29, was arrested by FBI agents a week ago in Redmond, Wash., acting on a warrant issued in San Francisco. Microsoft spokeswoman Tami Begasse said Friday that Chavet, who lives in suburban Kirkland, is an employee of Microsoft. She declined further comment on the nature of Chavet's employment or when he started at the company, citing Microsoft policy on not discussing personnel matters."