Posted 9/20/2023, 2:04:08 AM

Former GOP Congressman Sentenced to Prison for Illegal Stock Trades

Former Rep. Steve Buyer was sentenced to 22 months in prison for illegal stock trades based on inside information.
Buyer made trades involving T-Mobile's merger with Sprint and Navigant's acquisition by Guidehouse.
Buyer was ordered to forfeit over $350,000 in illegal gains and pay a $10,000 fine.
Buyer was a House Republican from 1993 to 2011 and a prosecutor in Clinton's impeachment trial.
Buyer was convicted by a jury in March with evidence the judge said "screams guilty."

politico.com

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9/9/2023

Former JPMorgan Traders Sentenced for Spoofing Scheme That Cost Market $10 Million

Two former JPMorgan Chase precious metals traders have been sentenced to prison for engaging in market manipulation schemes involving spoofing, fraud, and market manipulation, resulting in $10 million in losses to participants, according to the US Department of Justice.