A former Walt Disney employee and her boyfriend have been arrested for allegedly trying to sell tips about the media giant to a bunch of hedge funds for $15,000 each.

Bonnie Hoxie, who worked as an assistant for an EVP in Disney’s communications department, and her boyfriend Yonni Sebbag actually wrote unsolicited emails to hedge funds requesting cash for insider tips about earnings and a plan by Disney to sell its ABC television network to two private equity firms. (The news about ABC, hinted at by the New York Post earlier this week, has already caused a jump in Disney’s stock.)

That wasn’t the smoothest of moves, as some of the hedge funds alerted the FBI to Bonnie and Yonni’s plan and the Feds started a sting operation. Continue reading »