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Post-it note eating insider trader pleads guilty

From money.cnn.com

The middleman in a $5.6 million insider trading scheme has admitted to passing stock tips on Post-it notes and then eating the evidence. Frank Tamayo, a 41-year-old Brooklyn man, surrendered Friday morning to the Federal Bureau of Investigation and pleaded guilty in Federal Court in New Jersey. Prosecutors say Tamayo received information about upcoming corporate deals from Steven Metro, the head clerk at a corporate law firm in New York. Tamayo then handed that information over to Vladimir Eydelman, a stock broker at Oppenheimer (OPY) and Morgan Stanley (MS). Eydelman in turn used it to trade stocks for Tamayo and ... (full story)

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