Texas man guilty of making $1.8M after eavesdropping on his wife's work calls as they worked from home

• A Houston man pleaded guilty to insider trading after he made $1.76 million.
• He listened to his wife's calls about BP's plan to buy TravelCenters of America, as they worked remotely.
• Tyler Loudon's has wife moved out of their shared home and initiated divorce proceedings.

A Houston man has pleaded guilty to insider trading after he made $1.76 million in illegal profits after listening in on his wife's work calls as they worked from home.

Tyler Loudon, 42, admitted to buying thousands of shares in TravelCenters of America ahead of its $1.3bn acquisition by British oil and gas company BP in February 2023, US Attorney Alamdar S. Hamdani said.