"Spouse's Eavesdropping Leads to Insider Trading Charges and Millions in Profits"

The husband of a BP employee has been charged with insider trading in the US after allegedly eavesdropping on his wife's work calls and making $1.76m in illegal profits by purchasing shares of a company involved in a BP takeover. The US Securities and Exchange Commission claimed Tyler Loudon took advantage of his wife's remote working conditions to profit from confidential information. Despite his wife's unawareness of his actions, she was terminated by BP, and the couple is now going through a divorce. Mr. Loudon faces potential criminal charges and a prison sentence if convicted, highlighting the need for effective surveillance to manage insider trading risks when working from home.