5 ms·
> According to prosecutors, he used that information to seek unjust enrichment through a series of beneficial stock trades that generated $227,000 in profits an
by ctheb 6y ago
> According to prosecutors, he used that information to seek unjust enrichment through a series of beneficial stock trades that generated $227,000 in profits and avoided $377,000 in potential losses.
This seems like a trivial amount of money for someone that high up to jeopardize their career or spend years of their life in prison for. I would maybe even understand the risk/reward if it was in the tens of millions but this sounds nowhere close.
I am genuinely curious to know if this happens regularly - what is the real motivation for committing a crime that barely pays relative to the penalties?