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Prison-Bound Bauer Reprises ‘Confessions of an Inside Trader’

Garrett Bauer stood in a New York University lecture hall and warned 150 students not to emulate him. The day trader recounted illegally making millions of dollars over 17 years using corporate merger tips stolen by an attorney.

Students stopped checking their iPhones and stared at Bauer, 44. He told how the lawyer, Matthew Kluger, searched law firm files for tips to pass to a middleman, Kenneth Robinson, one of Bauer’s closest friends. They escaped detection by talking on disposable, prepaid mobile phones. Their scheme unraveled after the Federal Bureau of Investigation persuaded Robinson to make secret recordings of conversations.