Four Miami residents, including a relative of Jordanian royalty, have been charged with insider trading that allegedly generated over $1 million in profits. Federico Nannini, who was consulting for MasTec on its acquisition of Infrastructure and Energy Alternatives, shared confidential information with his father Mauro Nannini, and friends Alejandro Thermiotis and Francisco Tonarely. The group made strategic stock purchases based on this inside information before the acquisition was publicly announced, leading to significant financial gains. Each faces a range of charges, including conspiracy to commit securities fraud, with potential penalties of up to 25 years in prison. The Securities and Exchange Commission has also filed a civil lawsuit against the defendants in Miami federal court. The case brings to light serious concerns regarding breaches of trust in financial markets stemming from personal connections.