8 dumb insider-trading schemes

Allegations of a ridiculous attempt by a Disney employee to profit from inside information are just the latest in a long history of stupid insider schemes.

1 of 8
BACKNEXT
Bonnie Hoxie and Yonni Sebbag
Year: 2010

In the latest, painfully bungled instance of couples insider trading, a Disney employee named Bonnie Hoxie, who worked for head of corporate communications Zenia Mucha, allegedly teamed up with her boyfriend Yonnie Sebbag to try to sell company secrets to a bunch of hedge funds. Most of the firms alerted the authorities immediately, and the FBI set up a sting. The couple was busted when authorities say Sebbag collected $15,000 cash from an undercover agent in New York, in exchange for the secret information that Disney was going to sell ABC.

Email exchanges between the couple provided by the prosecution show that Hoxie emailed her boyfriend pictures of shoes and an expensive handbag that she wanted him to buy her after the con. Disney, for its part, says there's no truth to any of the information they were trying to sell.


NEXT: R. Foster Winans
Email | Print | Share
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Last updated May 28 2010: 3:42 PM ET
More Galleries
50 years of the Ford Mustang Take a drive down memory lane with our favorite photos of the car through the years. More
8 CEOs who took a pay cut in 2013 Median CEO pay inched up 9% in 2013 to $13.9 million. But not everyone got a bump last year. Here are eight CEOs who missed out. More
10 best convertibles now that spring has sprung It's finally time to put the top down. Here are our 10 favorite rides for the warmer months to come. More
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.