Husband Accused of Making $1.8 Million from Insider Trading by Eavesdropping on Wife’s Work-from-Home Calls

[2 Up 2 Down]

On the real, politicians get away with this all the time

 

[Kings County]

eavesdropped is such cap she told him

 

[Sauce Mane]

But people in congress do it and get away with it

 

[malbaker86]

They might have got away with it if she didnt snitch. Got herself fired anyway

Lol man you must not familiar with the SEC. There was NO WAY they/he were gonna “get away” with it

 

[jdubnyce]

His wife was “stunned by this revelation,” according to BBC. She then reported her husband to her superiors at BP, but was fired soon after coming forward with the information about her husband’s trading, according to The Guardian.

The woman later filed for divorce from her husband, according to the outlets.

sheesh

The SEC says that Loudon did not deny the allegations. He reportedly agreed to a partial judgment, pending a court’s approval. If approved, Loudon would need to repay his profits with interest, on top of a fine that will be determined by the court.

Fafo

 

[Toussaint]

Husband took the fall on some Walter White shyt

 

[Chrishaune]

They mad he came up........sounds like a smart husband. They wasn't expecting to have to payout to another party because I know he wasn't the only to purchase large shares prior to the merger........him profiting wasn't apart of the plan

Happens all of the time..

They choose who they want to go after.

 

[LowkeyD]

Moving sloppy in a clean hog pen.

 

[ThaBoyBam]

I’d did the same shyt. Wouldn’t consider it insider. No one told him shyt. He had no legal duty to that company’s information.

 

[cobra]

she told him...and then sntched on him when it became obvious he would be caught

its a cold world

 

[malbaker86]

I’d did the same shyt. Wouldn’t consider it insider. No one told him shyt. He had no legal duty to that company’s information.

Material nonpublic information

 

[jilla82]

his wife snitching and divorcing him is wild #GMB material

 

[RadaMillz]

you think they would ever find out if she kept her mouth shut after he confessed to her?

 

[FishNGrits]

On the real, politicians get away with this all the time

Nah breh they just really good at investing that’s all

 

[jilla82]

you think they would ever find out if she kept her mouth shut after he confessed to her?

probably not.
most people (regardless of crime) get caught because someone told