Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home Movie

A Former Goldman Sachs Analyst Indicted for Insider Trading May Have Been Caught by Xbox 360 Chat

rmtsa by rmtsa
September 29, 2023
in Movie
0
A Former Goldman Sachs Analyst Indicted for Insider Trading May Have Been Caught by Xbox 360 Chat
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


A former investment analyst at Goldman Sachs who was recently indicted by the FBI for insider trading — along with two associates — may have been caught thanks in part to Xbox 360 chat. While it’s not unusual for developers and publishers to punish volatile players misusing in-game voice chat, it’s decidedly less common for it to play a role in a criminal proceeding.

You might also like

Why Captain Triumph Could Be Peacemaker Season 2’s Real Villain

Famed Japanese Critic Shiguehiko Hasumi Curates New York Showcase

/r/movies Giveaway – 300+ Free Tickets to a Special Pre-Screening of ‘Bugonia’ on Wednesday 10/22 in NYC & LA (AMC Lincoln Square & AMC The Grove)

A former Goldman Sachs analyst was recorded admitting to passing on illegal trading tips to friends, possibly over Xbox 360 chat

As initially reported by Kotaku, an FBI indictment reveals that former Goldman Sachs investment analyst Anthony Viggiano may have used the voice chat feature on the Xbox 360 to illegally pass on stock tips to friends. The FBI claims that Viggiano used privileged information obtained through his job as a Goldman Sachs analyst to advise co-conspirator Christopher Salamone and others on which stocks to purchase and sell. According to the indictment, the scheme netted the group over $400,000 in illicit profits before eventually being uncovered thanks to the FBI’s investigation.

Over 200 Xbox 360 games going away
(Photo Credit: Microsoft)

On recordings obtained by the FBI, Viggiano attempted to calm a friend who was concerned that their insider trading might be uncovered by reassuring him that his chosen method of console-based communication was secure. According to the indictment, Viggiano allegedly told co-conspirator Salamone that “like Xbox 360 chat, there’s no tracing that.” Unfortunately for Viggiano, his confidence in Microsoft’s voice chat system may have been misplaced.

While it’s unclear from the indictment whether the FBI actually obtained recordings of illicit stock tips provided by Viggiano over Xbox 360 voice chat, it seems that the possibility they existed was enough to flip his co-conspirator. Salamone, who was arrested along with Viggiano on September 28, has already pleaded guilty to charges of securities fraud.

Multiplayer hacks are probably what comes to mind for most gamers when they think about illicit activities occurring on their system of choice. But this unusual case shows how consoles’ online infrastructure can be used in an even more nefarious manner. And while this blatant misuse of the Xbox 360’s voice chat feature alone may not be solely responsible for Viggiano’s indictment for insider trading, its prominent role in the case makes for a hilarious cautionary tale for would-be criminals.       



Source link

Tags: AnalystCAUGHTChatGoldmanindictedInsiderSachsTradingXBOX
Share30Tweet19
rmtsa

rmtsa

Recommended For You

Why Captain Triumph Could Be Peacemaker Season 2’s Real Villain

by rmtsa
October 3, 2025
0
Why Captain Triumph Could Be Peacemaker Season 2’s Real Villain

John Cena’s titular character in Peacemaker Season 2 may have to fight one final villain in the upcoming Episode 8. The penultimate chapter of the sequel installment saw...

Read more

Famed Japanese Critic Shiguehiko Hasumi Curates New York Showcase

by rmtsa
October 3, 2025
0
Famed Japanese Critic Shiguehiko Hasumi Curates New York Showcase

At age 89, Shiguéhiko Hasumi, the critic and theorist long regarded as Japan’s greatest living film scholar, is finally making what amounts to his U.S. debut. Later this...

Read more

/r/movies Giveaway – 300+ Free Tickets to a Special Pre-Screening of ‘Bugonia’ on Wednesday 10/22 in NYC & LA (AMC Lincoln Square & AMC The Grove)

by rmtsa
October 3, 2025
0
/r/movies Giveaway – 300+ Free Tickets to a Special Pre-Screening of ‘Bugonia’ on Wednesday 10/22 in NYC & LA (AMC Lincoln Square & AMC The Grove)

Focus Features is offering r/movies (and other related communities) users over 300 free tickets to a special advanced screening of Yorgos Lanthimos' Bugonia, ahead of its regular release....

Read more

Trailer For Apple TV+ Doc Series MR. SCORSESE About The Legendary Filmmaker — GeekTyrant

by rmtsa
October 3, 2025
0
Trailer For Apple TV+ Doc Series MR. SCORSESE About The Legendary Filmmaker — GeekTyrant

Apple TV+ has dropped the official trailer for its upcoming 5-part documentary series Mr. Scorsese, and it looks like an essential watch for film lovers. Coming from award-winning...

Read more

The Surprising MCU History Between Kang and Doctor Doom

by rmtsa
October 2, 2025
0
The Surprising MCU History Between Kang and Doctor Doom

Before it was called Avengers: Doomsday, the next Avengers movie was going to be called Avengers: The Kang Dynasty. (Hopefully by now you don’t need us to explain the name...

Read more
Next Post
Billions Season 7 Episode 8 Review: The Owl

Billions Season 7 Episode 8 Review: The Owl

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • Why Captain Triumph Could Be Peacemaker Season 2’s Real Villain
  • Taylor Swift, Luke Combs, Leon Thomas & More
  • Chris Meloni Deleted Scene Law and Order Organized Crime Season 5

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In