Ex-Amazon staffer’s husband jailed for insider trade in US, had gained $1.4 million

BENGALURU: The husband of a former Amazon employee has been sentenced to 26 months in prison for insider trading of its stock. Viky Bohra, 37, pleaded guilty in November 2020, admitting that between 2016 and 2018, he used inside information he obtained from his wife, then an employee in Amazon’s finance department, to place trades in Amazon stock, making a profit of $1,428,264, according to a release from the US attorney.

US Attorney Tessa Gorman said, “This case should stand as a warning to those who try to game the markets with insider trading: there is a heavy price to pay with a felony conviction and prison sentence.” According to records filed in the case, Bohra’s wife had access to confidential information regarding Amazon revenue and expenses.