Tag: Raj Rajaratnam

Ex-US prison counselor admits accepting bribe from Galleon’s Rajaratnam | Reuters

A former correctional counselor at a federal prison in Massachusetts pleaded guilty on Wednesday to secretly accepting tens of thousands of dollars from a wealthy inmate identified by a source as Galleon Group hedge fund founder Raj Rajaratnam. William Tidwell, 49, did not mention Rajaratnam by name when appearing before a judge in Boston to admit to accepting about $90,000…

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Former US prison employee to admit to accepting payments from Rajaratnam -source | Reuters

Starting in 2018, Tidwell began receiving undisclosed benefits from Rajaratnam and a close friend and business associate of Rajaratnam, according to charging papers and the person familiar with the matter. Those benefits included $25,000 to help pay off loans for a family member and more than $65,000 in fees and other benefits stemming from an agreement to help manage certain…

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Convicted hedge fund founder Raj Rajaratnam releases book

In the book, Rajaratnam will also offer his perspective on the four-year investigation by federal prosecutor Preet Bharara into Rajaratnam’s epic spree of crooked stock picks that landed him at least $53.8 million in ill-gotten gains. The book includes some inside gossip about alleged misdeeds of former Goldman Sachs board member and fellow ex-con Rajat Gupta, according to a source familiar…

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Rajat Gupta Reports to Prison, Joins Raj Rajaratnam at FMC Devens in Massachusetts – Compliance Week

Yesterday, former Goldman Sachs board member Rajat Gupta began serving his two-year prison sentence for insider trading. After being convicted for providing Galleon founder Raj Rajaratnam with confidential information about Goldman Sachs, Gupta and Rajaratnam will now serve time at the same correctional facility: Federal Medical Center-Devens, located in Ayer, Massachusetts. Rajaratnam is serving a much longer, 11-year prison sentence after himself being convicted…

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SAC Case Began With Informant’s Tips on Cohen, Rajaratnam – Bloomberg

Without [David] Slaine, Rajaratnam and Cohen might still be investing clients’ money. He was the first person to cooperate with the government and was acknowledged in all but name at yesterday’s press conference announcing SAC’s plea, according to two people familiar with the investigation. via SAC Case Began With Informant’s Tips on Cohen, Rajaratnam – Bloomberg

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