{"id":21308,"date":"2011-03-18T08:02:20","date_gmt":"2011-03-18T12:02:20","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=21308"},"modified":"2011-03-18T08:02:20","modified_gmt":"2011-03-18T12:02:20","slug":"insider-dealing-witness-made-plea-bargain-say-defence-lawyers","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2011\/insider-dealing-witness-made-plea-bargain-say-defence-lawyers.html","title":{"rendered":"Insider dealing witness &#8216;made plea bargain&#8217;, say defence lawyers"},"content":{"rendered":"<p>Guardian &#8211; Lawyers defending the hedge fund manager in the biggest US insider-dealing trial in decades have laid into the US government&#8217;s star witness, branding him a money launderer and tax dodger who cut a plea deal to avoid criminal charges.<\/p>\n<p>Former McKinsey consultant Anil Kumar has been testifying against Raj Rajaratnam, the Galleon hedge fund billionaire, before a\u00a0New York jury. Backed by covertly taped phone conversations, Kumar has detailed illegal inside tips he fed Rajaratnam. In exchange he got $3m in fees, some banked in offshore accounts. Kumar pleaded guilty last year, has returned the money, and is testifying in the hope of a lighter sentence.<\/p>\n<p><strong><a href=\"http:\/\/www.guardian.co.uk\/business\/2011\/mar\/16\/insider-dealing-witness-plea-bargain\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guardian &#8211; Lawyers defending the hedge fund manager in the biggest US insider-dealing trial in decades have laid into the US government&#8217;s star witness, branding him a money launderer and tax dodger who cut a plea deal to avoid criminal [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-21308","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=21308"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21308\/revisions"}],"predecessor-version":[{"id":21310,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21308\/revisions\/21310"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=21308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=21308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=21308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}