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Authorities arrest a relative of the King of Jordan and 3 others for $1M insider-trading plot


Authorities arrest a relative of the King of Jordan and 3 others for $1M insider-trading plot

A relative of the King of Jordan and three other men in Miami face charges of conspiring to make insider stock trades on a business acquired by one of South Florida's major publicly held companies, MasTec

MIAMI (AP) -- Authorities charged four men, including a relative of the King of Jordan, for conspiring to make insider stock trades on a business acquired by one of South Florida's major publicly held companies, MasTec.

Federico Nannini, 26; his father, Mauro Nannini, 63; and two of his friends, Alejandro Thermiotis, 26; and Francisco Tonarely, 25, were arrested Friday and charged in a federal indictment with one count of conspiracy to commit securities fraud and 24 related offenses, The Miami Herald reported.

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