3 charged with stealing Flow Traders data, code

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Associated Press

Posted on August 26, 2013 at 5:07 PM

Updated Monday, Aug 26 at 5:07 PM

NEW YORK (AP) — Two former employees of Flow Traders have been charged in New York with stealing secret data and computer codes from the trading company in order to start their own business.

Jason Vuu, who worked at Flow Traders until March, emailed himself the company's files seven times between August 2011 and August 2012, the complaint says. He also emailed himself codes that Flow Traders uses to structure and execute trades, according to the complaint, which was handed down Monday.

Glen Cressman, who also worked at Flow Trader, emailed himself the company's trading strategies and algorithms in December 2012, according to the complaint.

A third person, Simon Lu, who did not work at Flow Traders, accessed its source code from a Dropbox account that was uploaded by Vuu, according to the complaint.

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