Pastor Convicted Over International Hacking, Insider-Trading

[MineralMan]

And now for something completely different:

https://www.bloomberg.com/news/articles/2018-07-06/pastor-convicted-in-international-hacking-insider-trading-scam

Pastor Convicted Over International Hacking, Insider-Trading
A Pennsylvania pastor on trial for insider trading was found guilty for his role in an international scam that made him millions of dollars off hacked drafts of company press releases.

Vitaly Korchevsky, a former Morgan Stanley vice president, was convicted of pocketing at least $14 million from 2011 to 2015 by trading securities on information he gleaned from earnings reports and other market-moving announcements stolen by Ukrainian hackers before they were released publicly.

{snip}

Prosecutors say Korchevsky, a pastor at a Philadelphia-area Slavic Evangelical Baptist Church, played a central part in the scam, which included as many as 10 traders and hackers in the U.S. and Ukraine. The case featured an unusual intersection of securities fraud and cybercrime -- not to mention religion. The courtroom gallery was filled with Korchevsky’s congregants during closing arguments.

The group made millions of dollars by trading on information about companies including Panera Bread Co., Caterpillar Inc., Home Depot Inc. and Advanced Micro Devices Inc.

Lapses in ethical compass are common enough among religious leaders, but this one breaks a different Commandment than the run-of-the-mill sexual offenses.

[Ron Obvious]

1. Well, of course a pastor would be guilty of insider-trading!

He's got a direct line to God telling him what's going to happen. Duh!

[MineralMan]

2. Yahbut, how come all those pastors aren't rolling in it?

Answer me that...

[Ron Obvious]

3. Ethics!

They're just too honest or else they wouldn't be pastors in the first place. I'm surprised at you.

[MineralMan]

4. I see. Well, then, I stand corrected...

[guillaumeb]

5. Yet another article that reveals.................

that theists are not perfect.

Do you simply search for these articles so you can post them here? Why?

[MineralMan]

6. Because they relate to the group's theme.

I'd think that was obvious.

[guillaumeb]

7. But after the 5,123rd one that you searched for and posted,

what do you feel you are accomplishing? Is it, (and I hate to use this idiom but it does fit) preaching to the choir?

[MineralMan]

10. When I reach that number, I'll consider it.

Why do you imagine that I'm trying to accomplish something? Is it because you have that as a goal? Do what you want; I'll do the same.

[Permanut]

8. Some theists claim to follow perfect principles..

and claim to be examples and arbiters of perfection. It is perfectly obvious to me that when an exception occurs, it is noteworthy. But I understand your need to conflate theists with theism.

[guillaumeb]

9. Some claim to follow a perfect path,

but I know of no one who claims to be perfect.

My point.

[NeoGreen]

11. I'll make the claim that I am perfect and infallible (to boot)...

...at being me.

But, obviously, you don't know me.

[MineralMan]

12. Oh, we're all the same, you know.

[NeoGreen]

14. Dead monkeys walking...

...across a rock...
...3rd distant out from...
... an ordinary star.

[guillaumeb]

13. I accept your claim.

[marylandblue]

16. Many claim to be holier-than-thou, which is bad enough

[guillaumeb]

18. Agreed. eom

[marylandblue]

15. Don't you search for articles to put here?

You sure do put a lot of them.

[guillaumeb]

17. Not as many as some here.

And when I do, some, such as the poster of this article, ask why I do so.