Topic: Corporate Crime
NEW YORK (Reuters) - Additional criminal charges were filed on Tuesday against Galleon hedge fund founder Raj Rajaratnam as prosecutors alleged he and his co-defendant reaped $49 million from illegal insider trading, up from an earlier claim of $40 million. In the parallel civil case against Rajaratnam and co-defendant Danielle Chiesi, a judge ordered the two defendants to turn over wiretaps ...
Federal prosecutors boosted their insider trading charges case Tuesday against the man they say was behind history's largest hedge fund insider trading case. The rewritten indictment accuses Galleon Group founder Raj Rajaratnam of making up to $45 million from trades based on secretsA prosecutor has said in ...
A new indictment has boosted criminal insider trading charges against one of America's richest men in what New York authorities have described as history's largest hedge fund insider trading case. The indictment brought by federal prosecutors in Manhattan was made public Tuesday. The new charges ...
NEW YORK (Reuters) - A former Intel Capital director pleaded guilty on Monday to fraud in the Galleon insider trading case, telling a New York court that hedge fund founder Raj Rajaratnam gave him money for personal needs and that he profited from illegal trades. Rajiv Goel, who was arrested in San Jose, California, last October 16, said he conspired with ...
