CNBC podcast 'The Crimes of Putin's Trader' recounts the rise and fall of Vladislav Klyushin and his business empire. He was just released from a U.S. prison in a prisoner swap.
The money Vladislav Klyushin made from stolen financial information literally piled up, filling a safe with stacks of hundred-dollar bills. At one point, he was hoarding over $3 million in illegal gains.
Vladislav Klyushin, who was sentenced to nine years in an American prison for his $93 million hack-to-trade conspiracy. Source: U.S. Attorney's Office, District of Massachusetts, stealing its drafted earnings release and buying stock based on a historically successful quarter. Once the final earnings report went public, shares of Tesla soared in price, and Klyushin's team walked away with yet another stack of cash.
Klyushin grew his empire until he was riding on private jets and shaking hands with Russian government officials. But what the oligarch and his team didn't know is that the FBI had been watching them — dissecting how the scam worked and determining what, if anything, they could do to stop it.
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