Expedia IT guy made $300,000 by hacking own execs

A former Expedia IT professional admitted on Monday to illegally trading on secrets he discovered by hacking his own company’s senior executives. Jonathan Ly stole passwords and infiltrated devices of Expedia’s (EXPE) chief financial officer and head of investor relations, allowing him to make a series of “highly profitable” trades in stock options that scored him $331,000, according to prosecutors.

Read more on CNN

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