Sunday, December 23, 2018

The Case of the Eavesdropping Boyfirend - Settled

"Wonderful fun. Hundreds of practical uses."
A New York City accountant agreed to pay the Securities and Exchange Commission more than a half-million dollars to settle insider trading charges related to the merger of Alaska Airlines and Virgin America. Peter Cho was accused of listening in on his investment banker wife’s* phone calls to glean sensitive information, allowing him to earn over $250K through a series of perfectly timed investments. more   * At the time his fiancĂ©e.