If You Are A Sexy Woman, You Can Get A Job Seducing Secrets From ‘Powerful Businessmen’
Beautiful, sophisticated, adventurous and willing to use your feminine wiles to seduce men into revealing their deepest secrets? An New York organization may have the perfect job for you.
A job posting recently posted on Backpage.com is searching for secret agents willing to extract key pieces of information from business leaders with acts of seduction. It pays well—offering between $5,000 and $20,000 per assignment—and even reimburses travel expenses. The catch? It may not be legal.
Supposing the “key pieces of information” to be extracted would later be used for insider trading, the seductress could be held accountable based on an interpretation of SEC Rule 10b-5, according to CNBC’s John Carney. Even those who don’t use the key information for fiduciary purposes—the seductress, in this case—can be held accountable under 10b-5 if they act as a co-conspirator. Whether the information is obtained illegally during a seduction is rather vague, however.
If the tipper expects a personal benefit as a result of the disclosure, both tipper and tippee are in violation. Therefore, the “secret agent” can by no means simply say, “I’ll give you a blow job if you tell me what you know,” for example.
Accidental disclosures, however, are another matter. Should the tipper yell out the disclosure in the heat of passion, the tippee would not be in violation, although that scenario is unlikely. Furthermore, case studies show a one-night stand is less likely to create a liable scenario than long-term relations. Take SEC v. Maxwell, for example. The court held that an executive who provided a tip to his barber did not make the barber liable for insider trading when he then used the information for personal financial gain. In SEC v. Sargent, on the other hand, when a businessman leaked stock info to a dentist who was also a friend, the dentist was guilty of insider trading—the social relationship between the two being the main difference in the two cases.
Furthermore, if the seductress create a relationship of trust—by promising not to tell, for example—she could be held liable for breaking said trust.
Any scenario would be complex and riddled with legal issues. But hey, so is prostitution. And according to the ad, this agency pays a lot better than most pimps.
I want more stuff like this!