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Husband pleads guilty to $1.8m securities fraud after eavesdropping on wife’s calls about acquisition

Woman using a phone
Photo: Edward Berthelot/Getty Images

Deal details overheard as couple worked together in remote office.

The husband of a former BP merger and acquisitions manager has admitted making nearly $1.8m by using information he gleaned from eavesdropping on his wife’s phone calls while she worked remotely.

Tyler Loudon of Houston, Texas, pleaded guilty to securities fraud last Thursday, admitting to buying 46,450 shares ofcomplaint

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