US Charges 8 Foreign Nationals in Global Insider Trading Scheme That Made Millions

Two of the suspects are in custody; the other six are fugitives. All face a possible 25 years in prison plus fines.
US Charges 8 Foreign Nationals in Global Insider Trading Scheme That Made Millions
A trader monitors financial data on the floor of the New York Stock Exchange on Oct. 1, 2025. Seth Wenig/AP Photo
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Eight foreign nationals suspected of running a global insider trading network that generated tens of millions of dollars in illicit profits are facing charges of securities fraud and money laundering in the United States, federal prosecutors announced Nov. 18 in Boston.

Federal authorities claim three of the suspects were leaders of the insider trading network, which operated from 2016 to 2024. Many of the illegal trades allegedly took place over an automated exchange in Massachusetts.

Jill McLaughlin
Jill McLaughlin
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Jill McLaughlin is an award-winning journalist covering politics, environment, and statewide issues. She has been a reporter and editor for newspapers in Oregon, Nevada, and New Mexico. Jill was born in Yosemite National Park and enjoys the majestic outdoors, traveling, golfing, and hiking.