UK: Six jailed for insider trading

Six men have been jailed for a total of 16 years for participating in an insider trading ring that profited from confidential information stolen from the print rooms of two of the City’s biggest investment banks.

In the Financial Services Authority’s longest and most complex prosecution to date, the men were handed jail sentences ranging from 18 months to three-and-a-half years at Southwark Crown Court after they were convicted by a jury of insider trading offences which netted them more than £700,000 in profits.

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