The lawyer at Apple Inc who was responsible for enforcing the company’s policies regarding insider trading has admitted he used his position to access confidential data which he used to profit from insider trading.

Gene Levoff pled guilty on Thursday to six counts of securities fraud, committed between 2011 and 2016. As part of his plea, he admitted that when he was Apple’s director of corporate law, and co-chairman of the company’s disclosure committee, he made trades on stock during blackout periods, after he had used his position to view confidential filings before they were filed with the SEC, which contained revenue and earnings reports which were not available to the public.

According to federal prosecutors, Levoff, 48, had made trades during quarterly blackout periods on several occasions, at times, after he had admonished other employees, telling them they were forbidden from trading in Apple stock. Through these trades, he exploited his access to sensitive data to make $227,000 in profits, and avoid $377,000 in losses.

In a statement, New Jersey US Attorney Vikas Khanna said,  “Gene Levoff betrayed the trust of one of the world’s largest tech companies for his own financial gain. Despite being responsible for enforcing Apple’s own ban on insider trading, Levoff used his position of trust to commit insider trading in order to line his own pockets.”

Levoff’s sentencing was scheduled for Nov 10th by US District Judge William J. Martini in Newark, New Jersey. Although he could get up to 20 years from the charges, it is thought unlikely he will get that long.

Levoff was a graduate of Stanford Law, and joined Apple in 2008. Apple had laced him on leave in July of 2018, before firing him two months later. He had risen to become one of Apple’s most senior legal executives, and reported directly to the general counsel.

Levoff had tried to argue the case against him was unconstitutional, and that there is no statue which specifically bars insider trading, however the judge rejected the argument.