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Ex-JPMorgan Chase banker gets 4 years in prison for selling customer information

A Brooklyn federal court on Aug. 10 sentenced an ex-JPMorgan Chase & Co. personal banker, Peter Persaud, to 48 months in prison for aggravated identity theft in connection with access device fraud.

Persaud pleaded guilty to the charges on March 7, 2017, according to a news release from the U.S. Attorney's Office for the Eastern District of New York.

Between 2011 and 2015, Persaud sold customers' account information or used it himself to make unauthorized withdrawals from the accounts. The scheme was exposed when Persaud sold customer information to a confidential informant in 2014 and to an undercover agent in 2015.