A trader from Alpharetta admitted to involvement in what U.S. authorities have called a more than $100 million international insider trading scheme that involved hacking into networks that distribute corporate news releases.
Igor Dubovoy, 28, pleaded guilty on Wednesday to one count of conspiracy to commit wire fraud, according to U.S. Attorney Paul Fishman in New Jersey.
via Georgia man pleads guilty in big U.S. insider trading hacking case — Reuters