A former Netflix software engineer and his friend were sentenced to prison for conducting an insider trading scheme that made more than $3 million

• A former Netflix software engineer and his friend were sentenced to prison for an insider trading scheme on Friday.

• Sung Mo Jun and Junwoo Chon used private Netflix subscriber data to make more than $3 million.

• Another software engineer at Netflix and Jun's brother were also involved and have pled guilty.

A former Netflix software engineer and his friend were sentenced to prison for an insider trading scheme where they used private subscriber data to make more than $3 million.

Sung Mo Jun, the former Netflix employee involved in the scheme, was sentenced to two years in prison while his friend, Junwoo Chon, was sentenced to 14 months on Friday, according to Seattle federal prosecutors. Jun and Chon were collectively fined $25,000 for their crimes.

Both Jun and Chon pled guilty to the charges in August. Another software engineer at Netflix and Jun's brother were also involved and have additionally pled guilty, according to a statement from the US Attorney's Office in the Western District of Washington.

"Insider trading undermines our capital markets, harms companies by misusing their confidential information, and causes investors to lose faith in the fairness of the system," Donald M. Voiret, the special agent in charge of the case, said in the statement. "The actions of this trusted employee and his friend were calculated and ongoing to reap a huge profit."

When Jun was a software engineer for Netflix, he gave private Netflix subscriber data to Chon and his brother, Joon Jun. They then profited by buying and selling Netflix securities based on the information.