A magnifying glass is held in front of a computer screen in this picture illustration taken in Berlin in this May 21, 2013 file photo.
Reuters/Pawel Kopczynski



Five people were arrested and are in U.S. custody, charged in an insider trading scheme that generated more than $30 million in illegal profits, an FBI spokeswoman said on Tuesday.

Prosecutors on Tuesday were announcing the indictment of nine individuals in New Jersey and Brooklyn, New York, charged with allegedly hacking publishers of company new releases and illegally trading on the stolen information.


(Editing by Alden Bentley)