10 Biggest Insider Trading Scandals Ever to Rock Companies

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8. Ivan Boesky

Ivan Boesky, he of the now infamous “Greed is healthy” quote, was at one time one of the most respected (and richest) stock market players in America. Unfortunately, his success was based on purchasing insider information that allowed him to make a killing. He was eventually caught and sentenced to three years in Lompoc on several accounts of insider trading and ordered to pay a $100 million fine. The reason his sentence was so light is the fact that he collaborated with the investigators and provided information that led to several other convictions of his former associates. He is currently living on alimony paid to him by his ex-wife.

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