Disney Earnings Leaker Admits to Scheme With Boyfriend

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Bonnie Hoxie, a former assistant to Walt Disney Co. corporate communications chief Zenia Mucha, admitted in a New York court Tuesday that she tried to sell confidential earnings information in a scheme with her boyfriend.

Hoxie pleaded guilty yesterday to one count of conspiracy to commit securities fraud and wire fraud, and one count of wire fraud before U.S. Magistrate Judge Michael Dolinger. As part of a plea agreement, Hoxie and prosecutors agreed that federal sentencing guidelines, which are advisory, call for her to get four to 10 months in prison when she is sentenced on Dec. 21.

Hoxie, who was employed as Mucha’s secretary from March through May 25, admitted to passing information about Disney’s quarterly earnings to her boyfriend, Yonni Sebbag, who planned to sell the information to investors. Sebbag last month pleaded guilty to wire fraud and conspiracy to commit wire fraud and securities fraud. A Moroccan citizen, he could be sentenced to 27 to 33 months in prison and faces deportation.

&#8226CLICK HERE to read the Bloomberg News story.

&#8226CLICK HERE to read the Associated Press story.

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