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GAAP.RUNewsTwo Russians arrested for insider trading in the US

Two Russians arrested for insider trading in the US

Publication date: 25 March 2010

FBI arrested two Russians this Wednesday, suspecting them in insider trading. The Securities and Exchange Commission alleges that two businessmen – UBS executive offices Igor Poteroba and his friend from Northern Trust Alexei Koval – used a system of encrypted messages in which they referred to money as “potato yield” and “frequent flyer miles”.

FBI arrested two Russians this Wednesday, suspecting them in insider trading: the Securities and Exchange Commission (SEC) alleges that two businessmen – UBS executive offices Igor Poteroba and his friend from Northern Trust Alexei Koval – used a system of encrypted messages in which they referred to money as “potato yield” and “frequent flyer miles”.