Bloomberg News is reporting that federal investigators use the “Control-F” function on computers to search for acronyms on recovered emails to look for suspicious activity for people suspected of insider trading. The acronyms include: TYOP (tell you on phone); TOL (talk offline); and LDL (let’s discuss live).
Investigators also search for key phrases such as “call my cell” or “let’s go off e-mail” in hopes of finding evidence of intent to hide or cover up illegal wrongdoing.
Although the story focused on day traders–this technique can be used on other white-collar crimes to establish intent to cover-up or deceive.
The story is fascinating and shows how a simple search technique helps investigators search large volumes of emails for incriminating evidence quickly and easily.
GENARO R. CORTEZ