A vice president at Goldman Sachs was charged with securities fraud on Thursday, May 31, Bloomberg reported.
Woojae "Steve" Jung apparently used inside information about the company's clients to make over $140,000 in illegal trades.
Reportedly, Jung had a co-conspirator in South Korea.
Jung was based at Goldman's San Francisco office.
The counts include one count of conspiracy and six counts of securities fraud. The scam lasted from 2015-2017.
The court documents were unsealed in federal court in Manhattan, Bloomberg reported.
Goldman Sachs didn't immediately respond to requests for a comment.