US officials arrested former Goldman employee and computer programmer Sergey Aleynikov over the weekend, accusing him of stealing sensitive automated trading codes and uploading them to a server based in Germany, the FT said. An FBI affidavit alleges that Mr Aleynikov downloaded about 32MB of proprietary trading platform data from his desktop computer at work as well as his laptop at home on four separate occasions between June 1 and June 5, his last day at Goldman in what FT Alphaville has dubbed the “Great Goldman Black Box Heist“. Mr Aleynikov was released on Monday after posting $750,000 bail.

This entry was posted by Stacy-Marie Ishmael on Tuesday, July 7th, 2009 at 4:29 and is filed under Capital markets, People. Tagged with goldman sachs, quants, Sergey Aleynikov. Edit this entry.