article_snippet: Lukas James Kamay, 26, used leaked market sensitive data provided before market official release by Christopher Russell Hill, 25, to make  millions on the stock market.
article_snippet: Kamay from Clifton Hill, north-west of Melbourne, pleaded guilty to six charges of insider trading, one charge of money laundering and two charges of identity theft.
article_snippet: Kamay and Hill had agreed to use the ABS data to make about $200,000 which, after the proper taxes were paid, would result in a net profit of about $50,000 each.
article_snippet: The market sensitive data from the Australian Bureau of Statistics was provided to Kamay before Kamay official release by Christopher Russell Hill (pictured)
article_snippet: After a series of trades that netted the pair about $195,000, including some deliberate losses to mimic a normal trade, Kamay opened additional accounts Kamay hid from Hill.
article_snippet: Victorian Supreme Court Justice Elizabeth Hollingworth said Kamay's earnings constituted the largest insider trading profit to come before an Australian court. '
article_snippet: Kamay made a net profit of $7 million over a series of 45 trades.
article_snippet: For Kamay role in the scheme, Hill was paid about $20,000. '
highlights_snippet: Lukas James Kamay, 26, used Datato make $7 million .
  