Headhunter Said to Use Fake Identities to Dupe Wall Street Traders

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Traders at some of the world’s biggest banks have allegedly been misled by cold callers dangling the prospect of jobs at the likes of Goldman Sachs Group Inc. and Morgan Stanley in exchange for details about their salaries, the make-up of their teams and even their desk’s confidential profit and loss statements. But often the jobs don’t exist. Neither does the named caller. Even their supposed employer — firms like Omertion Group or AMO Search — aren’t real.

Instead, the calls have been made by staff at Odin Partners — a recruitment and market intelligence firm — according to documents seen by Bloomberg and 10 people familiar with the matter, who asked not to be named given the sensitivity of the subject. Odin, which operates out of London, Singapore and Hong Kong, has placed more than 900 executives at international financial institutions, according to its website, making it one of the most prominent recruitment firms in the finance sector over the last decade.