A Texas man, Tyler Loudon, has been charged with insider trading. He made $1.76 million in illegal profits after eavesdropping on his BP executive wife's phone calls. The regulator claimed Mr Loudon heard several of his wife's conversations about BP's takeover of TravelCenters of America and bought shares in the firm.
Who Is Tyler Loudon? Biography & Parents Details
Tyler Loudon is the husband of a former BP merger and acquisitions manager who earned $1.76 million with illicit trades based on nonpublic knowledge of the possible acquisition at his wife’s company. As per records, he has pleaded guilty to securities fraud. However, Tyler Loudon is yet to have a Wikipedia page.
Tyler Loudon himself is a reputed professional in his life. As per records, he has served in various organizations in multiple decision-making positions.
Tyler Loudon was born to his father, Edward Loudon, and her mother, Linda Loudon, In California, USA. However, there isn't much information regarding his parents and siblings in the public media.
Tyler Loudon enjoys celebrating his birthday on 24 April every year with his family and friends. Moreover, he was born on 24 April 1982 which makes him 42 years old as of 2024. Looking at his date of birth, Tyler has Taurus as his zodiac or birth sign.
Meanwhile, as Tyler Loudon was born in California, USA, he holds American nationality. Apart from that, he comes from a family of mixed ethnic background and follows Christianity as his religion.
Concerning his educational background, Tyler Loudon started his educational journey at a high school in California, USA. After graduating high school, he went to
Pepperdine Graziadio Business School. At the age of 42, he looks fabulous in his height of 6 feet and 2 inches with a decent weight.
Tyler Loudon Wikipedia Details
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Date Of Birth: 24 April Birth Year: 1982 |
Father: Edward Loudon Mother: Linda Loudon |
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Age: 41-year-old |
Siblings: N/A |
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Zodiac Sign: Taurus |
Relationship Status: Divorced |
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Birth Place: United States of America |
Dating Date: N/A |
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Nationality: American |
Wife: Emily Kraus |
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Religion: Christian |
Children: N/A |
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Ethnicity: Mixed |
Profession: Enigineer |
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Height: 6 feet 2 inches |
Net worth: N/A |
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Weight: Decent |
Wikipedia: No |
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Education: MBA |
Instagram: N/A |
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College: Pepperdine Graziadio Business School |
Twitter: N/A |
Tyler Loudon Married Life
Tyler Loudon is a married man and has a wife named Emily Kraus. As per records, his wife is a mergers and acquisitions manager at BP. Records show that the couple has been together for over a decade. However, the only image available of the couple was posted by his wife on her Facebook account in 2014. meanwhile, there is no proper information regarding his married life and kids in the public media,
After she knew about the deal he made, his wife moved out of the house and ceased all contact with him. As per records, in June 2023, she initiated divorce proceedings.
Tyler Loudon Illegal Profit
Tyler Loudon made $1.76 million in illegal profits after listening in to his BP executive wife's phone calls and has been charged with insider trading. As per records, he found out about the deal negotiations between TravelCenters and BP in 2022 while, he and his wife were working from home. Later, he accumulated 46,450 shares of TravelCenters worth somewhere around $2 million without telling his wife.
Later, TravelCenters announced the BP acquisition, triggering its 71% stock jump. At that moment, Tyler sold all his shares and made $1.76 million in profit.
Recently, he agreed to forfeit the $1.76 million of illegal profits and took a plea. His sentencing is due on 17 May 2024. As per records, he faces a maximum possible sentence of five years in prison and a $250,000 fine.