Bonnie Jean Hoxie and her boyfriend, 29-year old Yonni Sebbag tried to sell insider information on Disney earnings anonymously to hedge funds by sending them the following letter:
Hi, I have access to Disney’s (DIS) quarterly earnings report before its release on 05/03/10 [sic]. I am willing to share this information for a fee that we can determine later. I am sorry but I can’t disclose my identity for confidentiality reasons but we can correspond by email if you would like to discuss it. My email is email@example.com. I count on your discretion as you can count on mine. Thank you and I look forward to talking to you.
Multiple hedge funds apparently assumed the letter was either from a blithering idiot or a clumsy attempt by the government at entrapment – and immediately notified authorities.
The Dimbulb Duo have been charged with insider trading by the SEC.