Trader Gets 28 Months For Death Threats

The Hit List

Note - not a good idea to threaten to kill your regulators.

Reuters reports that a former commodities trader was sentenced to 28 months in prison on Friday for threatening to kill dozens of U.S. officials at the nation's top securities and commodity regulators, including posting a 250,000 euro ($327,382) bounty on Facebook.

Vincent McCrudden, 51, was accused in January 2011 of posting an online 'execution list' of officials, including Securities and Exchange Commission Chairman Mary Schapiro and Commodity Futures Trading Commission Chairman Gary Gensler.

Bloomberg reports that McCrudden has been held without bail since his arrest upon returning to the U.S. in January 2011 from Singapore, where he lived with his fiancee.

He was charged with threatening the officials in profanity-filled e-mails and, after the CFTC sued him the month before his arrest, Web postings.

JefferiesAnd the Best Place to Work in the global financial markets 2017 is...

Register for Financial Markets News Alerts