Insider trading scheme with investment bankers and BusinessWeek production employee

Pretty Ridiculous.

A Merrill Lynch (MIJ) analyst, two former Goldman Sachs (GS) employees and a printing plant worker conspired in an international insider trading scheme that netted more than $6.7 million, prosecutors alleged Tuesday.

Prosecutors charged that the conspiracy involved two widespread and highly lucrative trading schemes created by Eugene Plotkin and David Pajcin, both formally of Goldman Sachs.

Also named as defendants in the case were Stanislav Shpigelman, an investment banking analyst in the mergers and acquisitions division of Merrill Lynch, and Juan Renteria, who worked at a printing plant where Business Week magazine was produced.