It's been said that insider trading happens all the time - they just never get caught. Whether it's open but often private fields of country clubs or "overhearing" a conversation between friends in a loud bar, the metaphorical and literal Wall Street will find ways. Case in point, a Goldman Sachs employee has been indicted of insider trainer after using Xbox 360 chat to pass tips to his circle of friends.
Apparently, the group ended up making a cool $400,000 as a result of the tips, with the analyst boldly claiming "there's no tracing" that happens on the Xbox Live chat on the seventh-generation console.
It's safe to say that the 26-year-old didn't really think things through when he said that.
According to Bloomberg, the FBI charged Anthony Viggiano and his alleged co-conspirator, Christopher Salamone, with securities fraud, on September 28. Salamone has since pleaded guilty to using his former position at the industry-leading banking form to profit with Salamone and others.

