Renukanth Subramaniam has been sentenced to four years and eight months in jail.

"Subramaniam, 33, set up DarkMarket, an eBay for cybercrooks where fraudsters and crackers could buy and sell stolen bank log-ins, credit card details and skimmers," writes The Register's John Leyden.

"The scheme became unstuck in 2008 after the site was infiltrated by an FBI agent who posed as a criminal hacker and gained a senior role running the site under the alias MastrSplyntr in an undercover operation that ultimately led to 60 arrests worldwide including Subramaniam (aka JiLsi)," Leyden writes.

Click here to read the article at The Register.