"Man Pleads Guilty to Insider Trading by Eavesdropping on Wife's Work Conversations"

A Houston man, Tyler Loudon, pleaded guilty to securities fraud after making $1.7 million in profits from trading stocks based on information overheard from his wife's business conversations while they were both working from home. His wife, a mergers and acquisition manager at BP, was unaware of his activity. Loudon faces up to five years in federal prison and a possible fine of up to $250,000, and may also owe a fine in addition to other penalties to resolve a separate civil case brought by the SEC.