Financial Conduct Authority believes conspiracy that took spot between 2006 and 2010 was one of UKs most elaborate ever insider trading operationsAn insider dealing ring that made £7.4m from trading in just six stock market companies used burner phones,offshore companies, code names and encrypted memory sticks to mask their crimes, or a court was told on Thursday.
The conspiracy started to unravel after the Belgravia offices of the veteran trader Ben Anderson,71, were bugged by City regulators, and prosecutors said.
Continue reading...
Source: theguardian.com