A former employee of Goldman Sachs Group was sentenced to three months in prison for using a secret account to reap thousands of dollars in illegal profits.

Woojae «Steve» Jung, 38, a South Korean citizen living in San Francisco, who worked as a vice president at Goldman Sachs, landed a three-month jail term for trading on inside information about company clients. He pleaded guilty in December for helping his brother in South Korea trade by pointing him to stocks Jung had illicit tips on, according to a Reuters report.

«Woojae Jung used material nonpublic information stolen from his investment bank employer to net nearly $130,000 in illegal gains,» U.S. Attorney Geoffrey Berman in Manhattan said in a statement reported by «Bloomberg» (behind paywall).

Jail Term Lower Than Recommended

Prosecutors had recommended that Jung serve 18 to 24 months behind bars, citing federal sentencing guidelines. Jung said he took full responsibility for his wrongdoing and had asked the judge to spare him prison.

The ex-banker had secretly opened a separate account in a friend’s name and used it to facilitate his brother’s trades in shares of at least 10 companies based on inside information he got about deals involving the bank’s customers.