News

Money Laundering

Kimberly Redmond | Equities.com |

A New York man faces charges after authorities say he ran an illegal trading scheme that derived information from company insiders and a business journalist about corporate transactions and news that were not yet publicly disclosed.

Jason Peltz, 38, was indicted by a federal grand jury on March 23 on multiple counts of securities fraud, money laundering, tax evasion and related conspiracy charges, according to the indictment filed in the Eastern District of New York.