In general people are horrible at remembering proper passwords that doesn't mean its OK to take advantage of them, same thing as you do not take advantage of the lesser fortunate (in any way).
Yes, having the same password as character name, is, extremely silly, but that isn't an invitation to hack (in reality the correct term is 'crack') these peoples accounts. Same thing as leaving your doors unlocked aren't an invitation to rob your house and so on, or to use a more 'close' analogy, take for example someone who doesn't use an administrator password on their computer, not the best idea if its connected online but even so that IS NOT an invitation to wreck havoc...
Hopefully those 'cracked' learned a lesson and are returned their items/gens, doesn't make it okay.
I'm all for redemption but hmm...
Sad to see you do this LoR, you were a good player, we could devour whole teams as a duo.