Google Employee Faces Charges for Insider Trading

Reading

Read this text and listen to it at the same time. If you don’t know a word click it to see explanation, hear pronunciation or add it to vocabulary.

Google employee Michele Spagnuolo faces serious charges for insider trading. He used secret company information to earn over $1.2 million from bets.

Spagnuolo accessed private Google “Year in Search” data for 2025. He made bets on trending people before this information became public.

A U.S. lawyer stated that using company secrets for profit is illegal. Google placed Spagnuolo on leave and is now working with law enforcement.

Polymarket helps authorities identify users who trade with confidential details. Another person was also charged for similar bets on a political leader.

Spagnuolo faces charges like wire fraud and could receive prison time. Prediction markets are updating their rules to prevent such dishonest activities.

Questions

Answer the questions to the text. Speak or write, you choose. AI will assess your answers.

What charges does Michele Spagnuolo face?

He faces serious charges for insider trading.

How much money did Spagnuolo earn from his bets?

He earned over $1.2 million.

What action did Google take against Spagnuolo?

Google placed Spagnuolo on leave and is working with law enforcement.

Describe the article image

Look at the article image and describe what you see on it. You may either speak or write your answer there.

Discussion

Discuss this article with your AI tutor to practice. Your tutor will help you with vocabulary and grammar.

Read a new article every day and
discuss it with AI at lingolette.com