Eavesdropping husband busted for insider trading

Tyler Loudon of Houston, Texas made the mistake of thinking that, like members of Congress, he was immune from being charged with insider trading. Now he faces up to five years in federal prison and a $250,000 fine.

Loudon pleaded guilty to insider trading charges after profiting from confidential information overheard during his wife’s work calls. — Read the rest

The post Husband busted for $1.7M insider trading after eavesdropping on wife's business calls appeared first on Boing Boing.

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