McKinsey Partner charged with insider trading (did it on his work computer)

Sony
IBaJ13

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IBaJ13
Nov 20, 2021 7 Comments

https://www.justice.gov/usao-sdny/pr/management-consulting-firm-partner-charged-insider-trading-scheme

"U.S. Attorney Damian Williams said: “As alleged, Puneet Dikshit, a consulting firm partner, exploited his access to material nonpublic information about a pending acquisition of GreenSky, Inc., to trade in GreenSky call options. This breach of duties to his firm and its investment bank client – and violation of the law – allegedly reaped the defendant nearly half a million dollars in illegal profits. Now Puneet Dikshit has been charged with serious felonies for his alleged conduct.”

https://www.bloomberg.com/news/articles/2021-11-10/goldman-consultant-illegally-traded-on-greensky-deal-sec-says

TLDR + paywall: Apparently he used his work computer and only netted 450K to destroy his career... Not sure what the Partner range is, but i'm going to assume his profits only amounted to at MOST 1-year of his TC.

Why would anyone do this? Also how do you add emoji's if you post from a computer?!

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