Tuesday August 11, 2015

Five Arrested In Insider Trading Hacking Scheme

I'm not saying insider trading is a stupid crime but have you ever seen anyone get away with it? They all end up like these guys. wink

Five people were arrested and are in U.S. custody, charged in an insider trading scheme that generated more than $30 million in illegal profits, an FBI spokeswoman said on Tuesday. Prosecutors on Tuesday were announcing the indictment of nine individuals in New Jersey and Brooklyn, New York, charged with allegedly hacking publishers of company new releases and illegally trading on the stolen information.

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