FBI indicts three in insider trading scheme that utilized Xbox 360 chat to hide comms | Ringleader could be looking at as much as 165 years in prison
FBI indicts three in insider trading scheme that utilized Xbox 360 chat to hide comms | Ringleader could be looking at as much as 165 years in prison::undefined
https://www.techspot.com/news/100351-fbi-indicts-three-insider-trading-scheme-utilized-xbox.htmlOpen linkView original on lemmy.world251
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SIE VERLIEREN
165 years for white collar crime, no fucking chance
They only made $322k, that's nothing.
What did the Enron guys get?
They didnt make enough money to receive a lesser sentence.
yeah that's insane that murder is like we might put u in jail but you'll be released in a couple years
fuckin 20 bucks is stolen and that's an instant 100 year sentence
Skilling got 24 years which was reduced to 14 in 2013. Lay was convicted of crimes that have a max sentence of 45 years, but died before sentencing.
They're probably not rich.
I like the part where it's like a zillion times more illegal than trying to overthrow democracy. The USA "justice system" is a joke.
Most of the January 6th people seemed to get appropriate sentences for their involvement.
I’ve yet to see one traitor hanged
Go back to reddit.
Welcome to Lemmy, I see you're new. You must be unfamiliar with how we treat capitalists and right wing scum here.
No no, it's different because white people are bad.
Wait did I say the quiet part out loud?
"The United States shouldn't have entered WWII or sponsored violence through the lend-lease program that literally bankrolled the Allied war effort"
—You
Best part of the article.
Salamone tried to keep the lion's share for himself and undid them all by recording the conversations. Conspiracies sure would be a lot more popular if everyone involved wasn't a scumbag.
I like what Robert Anton Wilson had to say about conspiracies and their life cycles:
"[A]s far as I’ve been able to discover in all my years of being involved, more or less unwillingly, in this field, I cannot find any proof of any conspiracy that really existed, was really brought into court and convicted, that lasted more than ten years before everybody double-crossed everybody else and the conspiracy fell apart."
In fairness, there has to be some survivorship bias here: if the members of a conspiracy don't double-cross each other and are competent enough not to expose themselves, it's a lot less likely they'd ever get brought into court in the first place.
Agreed, and I suppose it's the ones we don't hear about that are the real bad ones.
Points for creativity, I guess? I'm pretty sure a Goldman Sachs analyst can figure out how to do it properly, though...
Fun fact, personal cell phones on the trading floor arnt allowed, to avoid unlogged comms by traders.
Aren't trading floors mostly empty these days since trading is much more automated?
Yes, but as long as human traders exist, there is a need to log all of their communication to prevent malfeasance
They just copied the idea from terrorists
Rubber dinghy rapids bro