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Published 2 months ago

US man accused of making $1.8m from listening in on wife’s remote work calls

  • A man from Texas profited nearly $2 million by trading his wife's BP Plc conversations, resulting in insider trading charges.
  • The husband bought shares of TravelCenters of America Inc. Before BP's acquisition announcement, leading to a $1.76 million profit.
  • The man liquidated accounts, confessed to his wife, faced a divorce, and settled with the SEC, giving up profits and paying a fine.
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