Sexy New Developments in Insider Trading Scheme
Jamil A. Bouchareb, a South Beach lad, was a day trader and allegedly got insider tips from Matthew Devlin, a trader based in New York with Lehman Brothers. Altogether the scheme resulted in more than $4.8 million in illicit profit.
Bouchareb, like any self-respecting South Beach party boy, had a former Playboy model girlfriend, August 1994 Playmate of the Month Maria Checa (she's 10 years his senior, by the way). Bouchareb passed tips along to Checa, who benefited from them as well. Checa, though, was not arrested.
We also found Bouchareb's Friendster (haha, Friendster?), which is not hard to do since it's, like, his first Google search result. For his profile pics he uses scans from Ocean Drive of him posing with famous celebrities such as Paul Walker and Loon (haha, Loon?). The profile doesn't provide anything interesting except that his favorite book is, naturally, Atlas Shrugged.
Bouchareb also got his parents inolved in the scheme. The family that cons together belongs together, or something. It should be noted that he denies the charges. Innocent until proven guilty and all that.
-- Kyle Munzenrieder