"WFH Husband Makes Millions Eavesdropping on Wife's Business Calls"

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Source: NDTV
"WFH Husband Makes Millions Eavesdropping on Wife's Business Calls"
Photo: NDTV
TL;DR Summary

A Texas man made nearly $2 million by eavesdropping on his wife's conversations with her BP colleagues while working from home, illegally trading on information about BP's acquisition of TravelCenters of America Inc. The man's wife, who was unaware of his trading, later filed for divorce and reported his trades to BP, leading to her termination despite no evidence of her knowingly leaking the deal. The man has agreed to give up the money he made and pay a fine as part of a settlement with the SEC. This case is one of several insider-trading incidents involving information overheard or seen while working from home with a significant other during the pandemic.

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