Home > News content

Amazon financial manager fined more than $2.5 million for insider trading

via:新浪财经     time:2020/9/29 9:30:32     readed:61

A former amazon financial manager and her two family members were accused by the securities and exchange commission (SEC) on monday of illegally making more than $1.4 million in profits using insider trading before the company's earnings report from january 2016 to july 2018.Laksha bohra, a former senior manager in Amazon's tax department, used her position to obtain highly confidential information about Amazon's finances and disclosed it to her husband, viky bohra, the SEC said. Her husband then teamed up with his father, Gotham bohra, to trade on the inside information, making an illegal profit of more than $1.4 million.

Visits:

Alibaba cloud launched a special special event for colleges and Universities: 0 yuan experience of entry cloud computing rapid deployment Entrepreneurship Project

QQ截图20200929081615.jpg

The SEC accused the three of violating anti fraud provisions of federal securities law. They agreed to refund $1428094 of their illegal earnings, pay pre judgment interest of $118406 and pay a fine of $1.106399.

At the same time, the U. S. Western District Attorney's Office has filed criminal charges against Viky Bohra.

China IT News APP

Download China IT News APP

Please rate this news

The average score will be displayed after you score.

Post comment

Do not see clearly? Click for a new code.

User comments

Related news