A Pennsylvania pastor on trial for insider trading was found guilty for his role in an international scam that made him millions of dollars off hacked drafts of company press releases.
Vitaly Korchevsky, a former Morgan Stanley vice president, was convicted of pocketing at least $14 million from 2011 to 2015 by trading securities on information he gleaned from earnings reports and other market-moving announcements stolen by Ukrainian hackers before they were released publicly.
His family broke down in tears as the jury returned the verdict finding him and his co-defendant, Vladislav Khalupsky, guilty of all counts, including conspiracy to ...
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