One of the ex- Goldman Sachs employees stole private information from the bank’s e-mail

One of the ex- Goldman Sachs employees stole private information from the bank’s e-mail

26.11.2015 News

One of the ex- Goldman Sachs employees stole private information from the bank's e-mail.

On Wednesday, the 24th of November, 2015 The Securities and Exchange Commission told that the information was stolen for illegal insider trading profits. Promising young man whose name is Yue Khan (also he calls himself John Khan), came to work to one of the largest investment banks in the world in late 2014. His task was to track e-mails of workers to determine the illegal actions that are associated with illegal insider trading.
But Khan used his access to Golden Sachs’ e-mail to find secret information about his employer, which would have helped him get more profit illegally.

“We affirming that the employer has provided Khan access to confidential information, in order to detect and prevent illegal activity in the company, but he betrayed that trust by using the information for his own benefit”, – said Joseph Sansone, a representative of Securities and Exchange Commission, in his complaint to the court. Now there are no comments from Khan, he left New York on 22nd of October, 2015 and went to Shanghai, China.

The Securities and Exchange Commission claims Khan in raising $ 460,000
“If all of these blaming are true, Khan broke our trust, and the authorities should take measures to punish him”, Goldman’s representative said.

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