Sergey Aleynikov
Encyclopedia
Sergey Aleynikov is a former Goldman Sachs
Goldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...

 computer programmer. He was convicted of stealing computer code that Goldman Sachs used to perform proprietary trading. According to Assistant United States Attorney Joseph Facciponti, "the bank has raised the possibility that there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways."

He emigrated from Russia to the US in 1991. He is married to Elina and is a father of three children.

From December 1998 to April 2007, he served as the director of Routing R&D division of IDT Corporation. http://www.linkedin.com/in/aleynikov

He contributed to a number of open source Erlang projects. He also published several CPAN
CPAN
CPAN, the Comprehensive Perl Archive Network, is an archive of nearly 100,000 modules of software written in Perl, as well as documentation for it. It has a presence on the World Wide Web at and is mirrored worldwide at more than 200 locations...

 modules.

On July 3, 2009, he was arrested by FBI agents at Newark Liberty International Airport
Newark Liberty International Airport
Newark Liberty International Airport , first named Newark Metropolitan Airport and later Newark International Airport, is an international airport within the city limits of both Newark and Elizabeth, New Jersey, United States...

 after Goldman raised the alarm over a suspected security breach.

He was accused of improperly copying software codes that performs "sophisticated, high-speed and high-volume trades on various stock and commodity markets", as described by Goldman.

He was employed for two years at Goldman on a salary of $400,000. In early June, he left Goldman to join Teza Technologies, a Chicago start-up which offered to triple his pay.

He was convicted in U.S. Federal court in December 2010 of the two counts of theft of stolen property and transportation of stolen property, and was sentenced to 97 months in prison, three-years of supervised release following his prison sentence, and a $12,500 fine..

Prior to sentencing, Mr. Aleynikov was incarcerated on request of the government, as he was judged to be more of a flight risk after separating from his wife and growing distant from his kids.

The case is U.S. v. Aleynikov, 1:10-cr-00096, U.S. District Court, Southern District of New York.

External links

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