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

8 months ago 31

Regulator charges Tyler Loudon with insider trading in case that could fuel arguments about working from home

Business live – latest updates

US regulators have accused a man of making $1.8m (£1.4m) by trading on confidential information he overheard while his wife was on a remote call, in a case that could fuel arguments against working from home.

The Securities and Exchange Commission (SEC) said it charged Tyler Loudon with insider trading after he “took advantage of his remote working conditions” and profited from private information related to the oil firm BP’s plans to buy an Ohio-based travel centre and truck-stop business last year.

Continue reading...
Read Entire Article