http://www.themoneytimes.com/articles/20070302/biggest_insider_trading_scandal_in_two_decades_exposed-id-103008.html
On March 1, 2007, a huge insider trading scandal was uncovered. Insider trading is the illegal practice in which persons who are close to a company makes stock trades based on information not released to the public. The estimated total of illegal income due to illegal trading was an estimated $15. According to SEC regulators, this was the largest insider trading scheme in 20 years. Thirteen people traded based on the inside information, including lawyers and influential stock brokers over the course of 5 years.
The accused to advantage of insiders at both organ Stanley and Co. and UBS Securities LLC. to acquire inside information about about stock fluctuations and company acquisitions. However, if this case ends up anything like Martha Stewart's case, they will be sentenced to a couple years in camp, with basic cable and tennis courts. Federal prison is nicer than a lot of people's homes.
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