A Scam Exposed: Strippers and Insider Trading Slideshow

Posted 02 Feb 2009 A shocking scheme to use strippers to solicit information from Wall Street bankers. Another plan to steal secrets and cash in on stock that's about to soar. Two young traders, David Pajcin and Eugene Plotkin, are the masterminds behind a complex Wall Street con."American Greed: A Scam Exposed: Strippers and Inside Trading" premieres Wednesday, February 18th at 9p | 1a ET.

Source: Rick Maiman/Bloomberg News/Landov Eugene Plotkin and David Pajcin ran one of the biggest insider trading rings in U.S. history. The con involved some of Wall Street's most reputable firms and illegal trading in the stocks of more than 25 companies.

Source: AP Images Stanislav Shpigelman, a Merrill Lynch investment banker, supplied Plotkin and Pajcin with confidential information that netted the twosome nearly $7 million.

Source: AP Images Sonja Anticevic, a Croatian underwear seamstress and David Pajcin's aunt, made two million dollars overnight in the insider trading scheme.

Source: Dimitrios Kambouris/WireImage/Getty Images Plotkin and Pajcin recruited Pajcin's girlfriend Monika Vujovic, a stripper in New York City, to solicit sensitive financial information from Wall Street bankers at the gentleman's club where she worked. But, the dirty dancing didn’t strip secrets from the clubs clientele.

Source: Kurtis Productions David Markowitz, assistant regional director of the SEC'S New York office, began investigating Plotkin and Pajcin after the SEC's Market Surveillance Unit caught some highly unusual trading activity.

Source: Jason Smith With the SEC hot of the case, David Pajcin had one last deal to make. He cut a deal with prosecutors and ratted on Plotkin and Shpigelman.

Source: Kurtis Productions Assistant U.S. Attorney Ben Lawsky offered Pajcin a proposition: become a government cooperator in exchange for the chance of a lesser sentence. Pajcin accepted.

Eugene Plotkin pleads and is eventually sentenced to nearly five years in prison. David Pajcin's punishment? He's released on time served, since he cut a deal with authorities."American Greed: A Scam Exposed: Strippers and Inside Trading" premieres Wednesday, February 18th at 9p | 1a ET.Find out more...Replay SlideshowReview the "A Scam Exposed: Strippers and Inside Trading" case fileVisit the "American Greed" websiteWatch Video: Big Screen Con