Gov’t witness: Galleon initiator paid in place of tips
So consider this with the strictest of confidence. Rajaratnam, 53, of Manhattan, is on trial on conspiracy and security fraud charges. He is the just single of further than two dozen nation charged appearing in the insider trading crackdown to elevation trial. Nineteen ancestors encompass pleaded guilty. The government alleges to Rajaratnam earned other than $50 million illegally by trading on inside in sequence since 2003 the biggest circumvent finance insider trading basis happening history.