The letter from a former Silicon Valley Bank vice president’s one-time fiancee to the judge who was set to sentence him for insider trading made him out to be a decent guy, deserving of leniency.
While Mounir Gad was spared from prison for securities fraud in 2021, it turned out that his ex didn’t actually write the letter. Gad did — without her permission, according to federal prosecutors.
Now Gad, 36, is headed to prison for 15 months after pleading guilty to document tampering, identity theft and criminal contempt of court.
Source: Insider Trader’s Phony Letter to Judge From Ex-Fiancee Backfires – Bloomberg
