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143: Michael Kimelman – Convicted of Insider Trading—From Suburban Life to Prison Life

Chat With Traders

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The Criminal Complaint and Insider Trading

The criminal complaint stated this was all over a $16,000 profit. It's a very simple and convenient narrative that you can sell to an angry public. By going after insider trading, the total, I think, losses are not losses, they're actually gains. There's no victims. We're maybe in the order of $100 million or so.

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