The hacker was a part of an international racket.
A Massachusetts based hacker; Robert Dubuc has been sentenced to 21 months in prison due to his participation in a cybercrime ring involving hacking of accounts belonging to government agencies, banks, and brokerage firms.
The US prosecutors claimed that the hacker attempted to steal more than $15 m from the institutions.
Dubuc’s co-defendant Oleg Pidtergerya has also been found guilty to the similar charges who will be sentenced in December.
Prosecutors said that the two hackers were members of a Ukrainian international cybercrime ring led by Oleksiy Sharapka and Leonid Yanovitsky, who have been accused of the crime but still to be apprehended. Back in April, Dubuc was found guilty of identity theft, conspiracy to commit access device fraud, and wire fraud conspiracy in the federal court of New Jersey, but the US District Judge pronounced the sentence on Friday.
The group has been accused of hacking into accounts of JP Morgan Chase & Co, Citigroup , the U.S. Department of Defense, PayPal and others in 2012 and 2013.
Prosecutors said that the hackers also diverted funds into accounts and debit cards that were controlled by them and they used cash out crews to get the stolen amount from ATMS.