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Amazon Employee’s Husband Sentenced, Insider Trading Earned $1.4M

On one day, the family netted approximately $600K.

Viky Bohra, the husband of a former Amazon employee, was sentenced to 26 months in prison after pleading guilty in November to insider trading.

Bohra made a profit of $1.4 million using confidential financial information he received from his wife, Laksha, to place illegal trades on Amazon stock.

Laksha worked as senior manager in Amazon’s tax department.

The U.S. Securities Exchange Commission brought civil charges against Bohra, his wife and his father last September.

The SEC’s initial complaint alleged that the Bohras, in one instance, executed a trade that netted nearly $600,000 in one day during a European vacation.

The Bohras paid more than $2.6 million to repay the illegal gains, along with interest and penalties.

As part of his plea agreement, Bohra's wife will not face criminal charges.

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