Disney Employee Arrested for Insider Trading; Claims Iger in Talks to Sell ABC

Bonnie Hoxie, an administrative assistant to Disney’s head of Corporate Communication, Zenia Mucha, was arrested earlier today along with her boyfriend Yonni Sebbag (a.k.a. Jonathan Cyrus) by the FBI on charges of conspiracy and wire fraud in an attempt to sell inside information on the company’s latest quarterly earnings report.

The duo allegedly sent emails via a gmail account to hedge funds and investment companies in New York. Posing as hedge fund investors, the FBI arranged to receive insider trading information from Sebbag in New York which included disclosing earnings per share hours prior to the public disclosure.

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