In this Oct. 17, 2012, file photo, an eBay sign sits in front of the company's headquarters in San Jose, Calif. On Wednesday, Sept. 23, 2020, federal prosecutors said four former eBay Inc. employees had agreed to plead guilty to their roles in a campaign of intimidation that included sending live spiders and cockroaches to the home of a Massachusetts couple who ran an online newsletter highly critical of the auction site. (AP Photo/Marcio Jose Sanchez, File)
Four former eBay Inc. employees have agreed to plead guilty to their roles in a campaign of intimidation that included sending live spiders and cockroaches to the home of a Massachusetts couple who ran an online newsletter critical of the auction site, federal prosecutors said Wednesday.
“Four former employees of #eBay are scheduled to plead guilty on Oct. 8 at 2pm via zoom in federal court in #Boston,” according to a tweet from the official account of the U.S. attorney's office in Massachusetts. “The defendants are charged w/ participating in a cyberstalking campaign that targeted a Massachusetts couple.”
The four expected to plead guilty are Brian Gilbert, 51; Stephanie Popp, 32; Stephanie Stockwell, 26; and Veronica Zea, 26, according to The Boston Globe.
All live in San Jose, California, except for Stockwell, who lives in Redwood City, California.
They are among seven former eBay employees charged in the case, in which the Massachusetts couple had other disturbing items sent to their home, including a funeral wreath and a bloody pig Halloween mask.
They are all charged with conspiracy to commit cyberstalking and conspiracy to tamper with a witness. Their lawyers either declined to comment or didn’t immediately return emails seeking comment Wednesday.
The employees also sent pornographic magazines with the husband’s name on them to their neighbor’s house, planned to break into the couple’s garage to install a GPS device on their car, and posted the couple’s names and address online, advertising things like yard sales and encouraging strangers to knock on the door if the pair wasn’t outside, officials said.
The suspects engaged in a “systematic campaign fueled by the resources of a Fortune 500 company to emotionally and psychologically terrorize this middle-aged couple in Natick,” U.S. Attorney Andrew Lelling said at a news conference when charges were announced in June.
An internal investigation was launched after San Jose, California-based eBay was notified by law enforcement of “suspicious actions by its security personnel,” company officials wrote in a prepared statement. The employees were ultimately fired, the company said.
Popp was a senior manager of global intelligence at eBay; Gilbert was senior manager of special operations for eBay’s Global Security Team; Stockwell was manager of eBay’s Global Intelligence Center, and Zea was an eBay contractor who worked as an intelligence analyst in the Global Intelligence Center. Authorities say they were working at eBay at the time of the alleged harassment.
Court documents say the couple was targeted after their newsletter published an article in August 2019 about a lawsuit filed by eBay accusing Amazon of poaching its sellers.
U.S. markets opened sharply lower on Friday on hotter-than-expected inflation data. The May CPI showed an 8.6% jump in consumer prices year-over-year, higher the expected 8.3%. Mark Howard, Senior Multi-Asset Specialist at BNP Paribas joined Cheddar's Opening Bell to discuss.
U.S. stocks closed Friday at session lows after May CPI data showed inflation in the U.S. has not peaked and is still rising rapidly. For the week, the S&P fell 5.06%, the Dow lost 4.58%, and the Nasdaq dropped 5.60%, marking the worst week since January for all three major indexes. Mike Zigmont, Head of Trading and Research at Harvest Volatility Management, joins Cheddar News' Closing Bell to discuss.
Residents often have to wait on federal assistance after a disaster, but one group has a solution: hiring community members to help clean up and improve their neighborhoods. Resilience Force tackles two problems at once by creating jobs in response to growing climate-related disasters. LaTanja Silvester, director of New Orleans programming for Resilience Force, joins Closing Bell to discuss how the organization creates jobs in communities that need help and higher employment, the importance of creating a "green" workforce, and more.
Benefits brokerage, Nava Benefits, raised $40 million in a Series B round. Nava says it's on a mission to fix healthcare, one benefits plan at a time. The startup is working to bring benefits to small business that are normally available to only Fortune 500 companies. Brandon Weber, Co-Founder and CEO of Nava Benefits, joined Cheddar News' Closing Bell to discuss.
Yung Lim, CEO and Fixed Income Strategist at FolioBeyond, joined Closing Bell to discuss the May CPI report, as inflation is still red-hot going into a key decision from the Federal Reserve about interest rates.
Auction house Christie's will be presenting "Legacy of the GOAT," which will include a rare Michael Jordan signed rookie card and sneakers. Caitlin Donovan, the vice president of Christie's handbags and accessories department. joined Cheddar News to discuss the special memorabilia selection for the NBA great. "He's been a global phenomenon, so he's really shaped '90s culture and streetwear culture," she said. "And we see bidders from every pocket in the world."
Fuel and oil prices have risen almost 17 percent since May, making the national gas prices reach nearly $5 a gallon. Andrew Lipow from consulting firm Lipow Oil Associates joined Cheddar News to discuss the future of gas prices. "The biggest issue on the oil market is really events that are beyond our control, which is what is happening over in Europe," he said, regarding the ongoing Russia Ukraine war. Lipow also said he predicted gas prices to hit $5.05 and that he's focused on the Biden administration's overtures in repairing a relationship with Saudi Arabia.
Target made some headlines this week as the retailer slashed its prices due to excess inventory. Cheddar News anchors Kristen Scholer and Ken Buffa break down Target as the Stock of the Week.
The electric vehicle maker filed a proposal for a three-for-one stock split, increasing the accessibility of shares for investors for a stock trading at around $700 a share. The move comes not long after tech giant Amazon announced a 20-for-one split. The number of authorized shares rises from two billion to six billion. It was also revealed that board member Larry Ellison does not intend to stand for reelection as it pertains to Tesla.