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Insider trader is illegal. We all know that.
But there are people who still believe they can get away with it.
A few years back, a Microsoft Manager got insider information about Microsoft company.
He fed that information to a stock trader and both made $415K from 3 trades.
You can read on my blog what happened to this Ex-Microsoft Manager on insider trading.
Both he and his stock trader friend got 2 years jail term on being convicted of insider trading.