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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.


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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.

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