Arkadiy Dubovoy, a man who is accused of hiring hackers to infiltrate the databases of news networks to gain inside information prior to the public release of documents pleaded not guilty on Wednesday, and a judge set his trial date for November 4. The Russian trader’s son Igor has also been charged in the case.

The Story

Dubovoy is one of 32 traders that are accused of being involved in a massive hacking scheme that took place over a five-year period and involved more than 150,000 documents. The traders allegedly gave hackers “shopping lists” of documents that they wished to acquire prior to their public release. The reported victims of the scheme include news sites PR Newswire, Marketwired and Berkshire Hathaway Inc (NYSE:BRKA)(NYSE:BRKB)’s Business Wire.

The Charges

Nine of the 32 defendants face…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!