FBI agents set a trap that led to a salesman’s arrest on charges he illegally tapped into a competitor’s voice mail to steal clients.
Kenneth T. Kaltman, 50, of Boca Raton, Fla., was charged Thursday in state court with harassment, larceny and 29 counts of computer crime. He was ordered held on $510,000 bail.
Kaltman worked at National Regulatory Services Inc. of Salisbury until his firing last May. Then he went to work for a competitor, Securities Consultants Inc. in Boca Raton, Fla., as managing director of national sales. The companies help securities dealers and investment advisers meet regulatory requirements.
Kaltman tapped into his former employer’s voice mail, listening to business calls, deleting messages and intercepting clients, state police said.
National Regulatory estimated it lost up to $1 million in business.