Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

American Greed: Breaking Down the Kluger-Bauer-Robinson Insider Trading Scheme

Bruce Carton | July 9, 2014

The most recent episode of CNBC's American Greed offers an interesting and detailed look at the insider trading ring of trader Garrett Bauer, attorney Matthew Kluger, and a middleman-turned-informant named Kenneth Robinson. After a 17-year scheme that netted tens of millions of dollars (most of which went to Bauer), all three men pleaded guilty, and Kluger received the longest prison sentence ever for insider trading (12 years).

The American Greed episode lays out the key details of the lengthy scheme, and how it came undone, including:

  • how Kluger managed to steal information about upcoming mergers and acquisitions from the various big-name law firms he worked for;
  • how the trio attempted to avoid being caught by using pay phones and throwaway...
    Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.