Feds Make Another Insider Trading Arrest


CNBC reports that expert network consultant Winifred Jiau was arrested today and accused of giving insider information regarding Marvell Technologies and Nvidia. That all we know at this time.

Update: Reuters has more:

U.S. accuses Jiau of conspiracy to commit securities fraud, engaging in securities fraud for selling information to multiple hedge funds U.S. says Jiau got inside details, including on earnings, about multiple publicly traded companies including NVIDIA Corp and Marvell Technology Group Ltd * U.S. says Jiau paid more than $200,000 by hedge funds over 2-year period in exchange for inside information * U.S. says Jiau was arrested Tuesday in Fremont, California, is being presented now (930 pst Wednesday) before California federal magistrate judge.


Disney Duo Arrested in Insider Trading Scheme

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.