Goldman Sachs Executive Charged in Insider-Trading Scheme

• Woojae ’Steve’ Jung got $140,000 from corrupt trades, U.S says • Jung allegedly used an alias account to cover his tracks

A Goldman Sachs Group Inc. vice president gambled his career on a series of trades using inside information about the bank’s clients, U.S. authorities alleged, including one that netted him $362.

Woojae “Steve” Jung used non-public information about deals involving a dozen customers, according to records unsealed Thursday in federal court in Manhattan. In total, Jung is accused of making $140,000 in illegal profits by trading through an alias brokerage account tied to a friend in South Korea.

Jung, a ...