Five men have been charged with insider trading offenses after an IT consultant pleaded guilty to using his position as a trusted insider at an investment bank to facilitate the scam.
In his role at the unnamed bank, Daniel Rivas is said to have accessed sensitive M&A information from at least August 2014 to around April 2017, sending it to friends on more than 50 occasions for them to buy and sell securities.
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Source: https://www.infosecurity-magazine.com/
