Russian Programmer Stole US Bank Stock-Trading Source Code
Goldman Sachs Bank uses the code to make stock and commodities trades
VLADIVOSTOK. July 8. VOSTOK-MEDIA – Sergey Aleynikov, a naturalized U.S. citizen from Russia was arrested on July 3 at the Newark Airport in New Jersey by FBI officers on charges that he stole proprietary source code for software that Goldman Sachs Bank uses to make stock and commodities trades.
Aleynikov who had been working in New York office of Goldman Sachs since May 2007 copied secret files and then transferred them to a website hosted in Germany.
Aleynikov reportedly confessed to taking the code but told FBI agents he only intended to collect “open source” files on which he’d worked but had inadvertently collected other files as well.