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.

Other articles

  • globallogic hexacta
    News

    GlobalLogic Acquires Hexacta, an Innovative Digital Engineering Firm in Latin America

    Company Continues Strategic Expansion Adding New Service Capabilities, Talent, and Broadening Nearshore Footprint SAN JOSE, Calif.—January 5, 2023— GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic’s continued strategy to expand its offerings, and its […]

  • Тест
    Analytics

    Тест

    тест     тест

  • globallogic healthtech 1
    News

    GlobalLogic engineers help create nearly 10% of the global medical device market

    Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]

  • 2779913
    News

    Twitter працює над відновленням відеосервісу Vine

    Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]

  • picturepicture 156446930057951110266878 96171
    News

    CREDIT AGRICOLE TOPS THE SOCIAL RESPONSIBILITY RATING AMONG BANKS ACCORDING TO STANDARD-RATING

    Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]

  • impact automotive
    News

    How Ukrainian developers make impact on road safety

    From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]

  • 750x450 press release image ua
    News

    Intellias completes acquisition of Digitally Inspired, strengthening expertise in the Retail and eСommerce industry

    Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]

  • shutterstock 1920327596
    News

    3×4, a recently-founded Ukrainian Web3 fundraising platform, launches its first campaign

    3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]

Read also

91011506 2336255856673276 2934691427541581824 n
News

Information on the COVID-2019 quarantine

An emergency situation due to the coronavirus has been declared in Ukraine. Probably a lot of people still do not have a full understanding of what it is and what restrictions have been imposed for the society and business. We asked S&P Investment Risk Management Agency to explain everything in detail. All the details are […]

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

Three banks have legal proceedings with the Creative

Two state banks have filed a lawsuit against the Creative  regarding the reimbursement of debts. In particular, Ukreximbank  wants to recover  57.71 million UAH and $ 7.84 million of arrears on the loan agreement dated November  17, 2008. Also Oschadbank wants to compensate another $ 25.24 million. In addition, Piraeus Bank ICB is trying to […]

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

The World Bank has allocated $ 212 million to Ukraine for the modernization of hydroelectric power plants

The World Bank’s Board of Directors has approved a $ 212 million grant to Ukrhydroenergo for the manufacture of hybrid power generation systems. This was announced the day before by the press service of the World Bank. “The project will increase the flexibility of the Ukrainian energy system, which will help synchronize with the European […]

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

Musk called the new date of flight Starship spacecraft into orbit

The American company SpaceX will launch the first Starship spacecraft into Earth orbit, most likely in 2021. It said its founder Elon Musk, speaking at a video conference on the problem of human flight to Mars, according to TASS on Tuesday, September 1. Mask was asked when the first test flight of Starship into orbit […]

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

Volvo announced record sales for the quarter

Sales growth for Volvo Cars in the first quarter of 2021 was 40.8% compared to the same period last year. He became the best in the history of the Swedish automaker. Total sales for this period reached 185,698 cars, compared to 131,889 cars for the same period last year. Compared to the first quarter of […]

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

Privatbank plans to close more than 300 branches and lay off employees

By 2024, more than 300 branches of Privatbank will be closed; more than six thousand employees will be fired. Such measures are spelled out in the financial institution’s development strategy approved by the Cabinet of Ministers. It is noted that the bank should leave 1250 branches (according to data for 2020, 1688 of them), and […]

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

Buffett’s company increased a quarterly net profit to 87%

The investment company of billionaire Warren Buffett’s Berkshire Hathaway in the II quarter 2020 net income increased due to higher cost of investment after the rise of stock markets and the collapse in the first quarter due to coronavirus pandemic. During the reporting period the company received $ 26.3 billion in net profit to $ […]

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

Pfizer will deliver half of the planned number of vaccines in 2020

Shares of Pfizer and BioNTech fell 1.74% and 2% (respectively) on Thursday amid news that companies will deliver half of their planned number of vaccines against COVID-19 in 2020. On November 20, Pfizer and its German partner BioNTech applied to the FDA (US Food and Drug Administration) for permission to use their vaccine in an […]

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

Ukraine and Canada signed an Agreement about free trade zone

Today 11 July Ukraine and Canada signed an agreement about establishment a free zone. During the signing were attended the President of Ukraine Petro Poroshenko and Prime Minister of Canada Justin Tryudou. Ukrainian MP Stepan Kubiv wrote on his page on facebook, it is a very important document for Ukraine. He will bring the relations […]

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

In Japan reported about cyberattacks on the vaccine developers

Since April of this year, Japanese companies and organizations involved in the development of the vaccines that protect against coronavirus infection, periodically experience cyber-attacks. This was announced on Monday, October 19, by Kyodo news agency, with the reference to the experts of the American company CrowdStrike, engaged in the cybersecurity. According to experts of the […]

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

Understanding Your Social Currency Is the Key to Success

Gerard Adams, who is also called Mentor of Millenials is an American entrepreneur, an expert in the field of branding, philanthropist. He came to millionaire status in the age of 24 years. Edition Entrepreneur published Gerard reflections that represent the social significance and the role it plays in building a business for him. Knowing your […]

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

Verkhovna Rada gave the “green light” to the privatization of the agricultural sector

Verkhovna Rada of Ukraine adopted in the first reading a bill needed to start privatization. It is envisaged that buyers cannot be legal entities, and related to them persons who registered in countries recognized by the Verkhovna Rada as aggressors. It is not allowed to participate in the privatization the representatives of countries with sanctions. […]

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

Barclays was fined for the record $ 72 million sterling

A few days ago was received a blow to the reputation of one of the five largest deposit banks in England – Barclays. The financial institution was fined by regulators for the amount of 72 million pounds for failing in managing, evaluation and controlling financial risks. According to the supervisory authorities, Barclays made significant mistakes […]

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

Elon Musk is the second in the list of richest people in the world

Founder of Tesla Inc. and SpaceX Elon Musk took second place in the list of the richest people in the world, ahead of Microsoft founder Bill Gates. This was reported by the Bloomberg Billionaires Index. Over the past 12 months, Mask’s fortune has grown by about $ 100 billion, according to Bloomberg estimates. According to […]

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

Liberty intends to buy Swiss Provider Sunrise Communications for $ 7.4 billion

The international telecommunications company Liberty Global has made an offer to the Swiss Provider Sunrise Communications Group AG on the acquisition, the value of the transaction is estimated at 6.8 billion Swiss francs ($ 7.4 billion), the company said. “Liberty Global announced today, that in accordance with the terms of the agreement between Liberty Global […]

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

The Agricultural company “Volyn-Grain-product” has invested in the construction of the seed plant

The Agricultural company “Volyn-Grain-Produkt” built a seed plant for the production of the soybean seeds, peas, wheat and barley. The official opening of the company is planned this year. This was said to the Latifundist.com by the founder of the company,  Evgenyi Dudka. According to him, the company has tentatively made for themselves the  soybean […]

Next