I know that insiders have to report the buys/sells but what about there family members?I know of one insider through a friend of mine that claims to hold 4 million shares yet I can't seem to find a number like that anywhere on this guy.Is it possible that he could have them in his wifes name and be selling them on the open market?How about any of the other insiders...same thing? I hate to sound like a pessimist here but the things I was told just are not happening.I know that if I was an insider I certainly would not buy all the shares in my name if I had a spouse.Anyone care to comment on this and hopefully tell me that this could never happen.
P.S. I do know that there are laws against insider trading but I also know that it likely happens in one form or another all the time.