He then took a job as a network consultant with Chase Securities in Manhattan, one of several companies that immediately offered him a post.

CNN: Teen techies graduate with enhanced learning

Those same wiretaps have been instrumental in leading to further arrests, including the arrest of Don Chu, a consultant at Primary Global Research, on securities fraud and conspiracy charges.

FORBES: The Galleon Net Widens -- Insider Trading or Witch Hunt?

In addition to breaches of fiduciary duty by consultants, we believe that certain consultant misrepresentations may actually involve violations of the federal securities laws.

FORBES: The Heat is On Pension Consultants (May 2, 2004 )

Now that the Securities and Exchange Commission and Department of Labor have confirmed the existence of consultant conflicts, consultants are intensifying their efforts to thwart independent investigations.

FORBES: Consultants Intensify Opposition to Investigations of Their Conflicts (June 1, 2005)

This consultant and a money manager shared a common parent company and therefore, under the federal securities laws, they were affiliated.

FORBES: The Future of the Consulting Industry Speech, (September 19, 2005)

Meanwhile--perhaps preparing for a rash of bankruptcies--the IRS last month issued a final rule squelching another ploy that Wall Street tax consultant Robert Willens says had been widely used by those in the know: "abandoning" securities and claiming an ordinary loss, deductible against ordinary income.

FORBES: Insult to Injury