A former director at Barclays Plc was arrested on Tuesday on US charges that he provided inside information about impending mergers he learned about at the bank to a plumber, who used the tips to make $76,000 illegally. Steven McClatchey, 58, was charged in a criminal complaint filed in Manhattan federal court with conspiracy, wire fraud and securities fraud after the plumber, Gary Pusey, secretly pleaded guilty on Friday and agreed to cooperate with authorities. McClatchey, who worked at the British bank in its Manhattan offices from December 2008 to December 2015, was arrested on Long Island, where he resides. He was released later in the day following a court hearing. McClatchey's lawyer, Steven Kartagener, declined to comment. An attorney for Pusey, 47, did not respond to requests for comment. The charges were announced by Manhattan US Attorney Preet Bharara, who has overseen an insider trading crackdown that has resulted in 102 people being charged and 78 being convicted since 2009.