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A Michigan federal judge sentenced Cedric Smith to 70 months in prison on Aug. 8 for participating in an online scheme with two other men who stole more than $1.1 million from six credit unions and six banks across the nation.
From April 2019 to April 2020, Smith conspired with Daja Smith and Devonte Hoskins by targeting credit union members' and bank customers' online accounts by using their compromised personal information, which the men purchased from computer hackers, prosecutors for the U.S. District Attorney's office in Grand Rapids said.
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