Reply to post: I always wonder how many people get away with it

IT isn't supposed to stand for Insider Trading... Palo Alto Networks sysadmin and pals accused of $7m shares caper

Anonymous Coward
Anonymous Coward

I always wonder how many people get away with it

They always do something really dumb, like using their work computers in this case, that makes it so easy for the SEC to track. Sure, suspicious trades will show up on their radar, but if you relied on someone you know (not immediate family) to make trades, and give you your proceeds in cash (which you never deposit in a bank, and spend in cash) or in an overseas account, it would make their job a lot tougher. Not saying they couldn't still catch you, but everyone we read about makes such an obvious mistake that I can't imagine they put much thought into things in advance.

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