Insider dealing trio sentenced to over five years Mr Justice Simon said he had taken into account guilty pleas from all three and the effect of the sentences on the Sanders" young children. James Sanders was also disqualified from acting as a director for five years. Documents produced in evidence showed a direct link between information given to the Sanders" brother-in-law Arnold McClellan in his role as mergers and acquisitions partner in Deloitte's San Francisco office and trades carried out by Swallow and Sanders. No action was ever taken against Mr McClellan by US authorities who carried out a parallel investigation to the UK regulator the Financial Services Authority. The spotlight fell instead to his wife Annabel, Miranda's sister. She was jailed for 12 months earlier this year and agreed to pay a $1m fine after a detailed investigation into her part in supplying the information used to conduct the trades. It is understood Mr McClellan has since retired from Deloitte. In total the Sanders and Swallow traded in five companies involved in takeovers being handled by Mr McClellan. These included aQuantive, Getty and Kronos. The first trade in October 2006 netted the Sanders just £9,718 profit. However the size of the trades rapidly increased with Sanders in particular making up to £500,000 trading on the inside information. In recorded telephone conversations James Sanders told his father Tim that he had got a "good one" going on to described how the source of his information was "Annabel, Miranda's sister, her husband is the head of Deloitte Touche in the whole of the US." Swallow has agreed to pay £440,000 to settle a confiscation order brought by the FSA. A similar action against the Sanders is expected to be launched now the criminal proceedings have been finalised. Tracey McDermott, acting director of enforcement and financial crime division, said: "These three individuals funded very comfortable lifestyles by cheating the system and other honest investors. No doubt as they prepare to spend their first night behind bars they will be reflecting on the consequences of their greed. Others who might be tempted to do the same should be in no doubt about our continued commitment to use all of the tools at our disposal to tackle those who abuse the market. Christopher Hossain and Adam Buck, former employees of Blue Index were acquitted.