• 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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