Goldman Sachs Programmer Indicted, Allegedly Sold Trade Secrets

Santa Claus Isn't Coming to Town for Many Wall Street Banks This YearGoldman Sachs is disputing reports top executives will receive record bonuses this year. (Wikimedia Commons/Ciar)

By Shayna Jacobs

DNAinfo Reporter/Producer

MANHATTAN FEDERAL COURT — A Goldman Sachs computer programmer worked his way through tightly-secured firewalls to steal the company's trading secrets, according to a federal indictment unsealed Thursday.

Sergey Aleynikov, 40, allegedly "transferred substantial portions of Goldman Sachs's proprietary computer code," on his last day of work, June 5, 2009, the Manhattan U.S. Attorney's office said.

Authorities charge that he took steps to cover up the transfer, including deleting the program he used. He also cleared additional data on the computer, federal prosecutors charged.

After e-mailing the data to his home computer, he brought the files with him to a technology firm in Chicago where he was was starting a new job.

The FBI arrested Aleynikov at Newark Liberty Airport on July 3, 2009, and he faces up to 25 years in prison.

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