Bloomberg Law
June 11, 2018, 12:48 PM UTC

Pastor’s Insider-Trading Trial Shines Light on Jurors’ Faith

Christie Smythe

• Korchevsky faces fraud, conspiracy charges over alleged scheme • Prosecutors say traders profited from stolen press releases

He was a Morgan Stanley vice president, a hedge fund manager and, according to prosecutors, the “linchpin” of a multinational hacking scam that allowed him to pocket $14 million in illicit insider-trading profits.

But it’s his post as pastor of the Slavic Evangelical Baptist Church in a Philadelphia suburb that might give Vitaly Korchevsky the most trouble at a trial beginning Monday.

Korchevsky faces federal conspiracy and securities-fraud charges for his alleged role in a sweeping insider-trading ring that relied on corporate ...

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