According to BusinessInsider the FBI just arrested Stanley Ng for allegedly insider trading via his friend at an expert network. Incredibly, Ng was the employee responsible for ensuring SEC laws were adhered to at Marvell.
According to Preet Bharara, "[Ng,] the person designated the SEC reporting manager for Marvell, was allegedly using his special access to non-public information to violate the very federal securities laws he was supposed to be assuring compliance with.
"As alleged, Stanley Ng and his co-conspirators traded inside information as casually as some people trade baseball cards."
Ng is said to be friends with Winnie Jiau, who was recently put on trial for insider trading. If you Remember Jiau was a consultant who Primary Global, an expert network, paid to provide company tips to their clients, investors.
Read more at http://www.businessinsider.com/stanley-ng-arrested-for-insider-trading-2011-8
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