SEC Charges Ex-Goldman Sachs Employee for Alleged Insider Trading Scheme That Netted Over $400K

SEC filed charges against ex-Goldman Sachs employee for allegedly passing insider tips to friends who profited from illegal trading.
Ex-employee accused of securities fraud through a tipping scheme that generated over $400,000 in gains.
Prosecutors allege he provided nonpublic details on upcoming deals through Signal and Xbox chat while at Goldman Sachs.
Friends allegedly traded on tips and split profits, with one netting $322,000 from the insider info.
Regulators say ex-employee tried covering tracks but authorities uncovered communications coordinating illegal trades.

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Former Goldman Sachs Analyst Indicted for Insider Trading Scheme Using Xbox Chats to Avoid Detection

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