{"id":31508,"date":"2012-09-25T07:33:31","date_gmt":"2012-09-25T11:33:31","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=31508"},"modified":"2012-09-25T07:40:51","modified_gmt":"2012-09-25T11:40:51","slug":"hedge-fund-insider-trading-rajiv-goel-sentenced-to-probation-and-fines","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2012\/hedge-fund-insider-trading-rajiv-goel-sentenced-to-probation-and-fines.html","title":{"rendered":"Hedge Fund Insider Trading: Rajiv Goel Sentenced To Probation And Fines"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2012\/09\/Insider-Trading-Spy-450.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft  wp-image-31515\" title=\"Insider-Trading\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2012\/09\/Insider-Trading-Spy-450-300x288.jpg\" alt=\"\" width=\"210\" height=\"202\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2012\/09\/Insider-Trading-Spy-450-300x288.jpg 300w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2012\/09\/Insider-Trading-Spy-450.jpg 450w\" sizes=\"auto, (max-width: 210px) 100vw, 210px\" \/><\/a>New York (HedgeCo.Net) In the latest Galleon hedge fund indictment, Rajiv Goel, a\u00a0former Intel Corp. executive,\u00a0received\u00a0leniency after apologizing\u00a0saying he was \u201cdeeply ashamed&#8230;.. I\u00a0had a serious lapse of judgment and good sense.\u201d \u00a0The US federal court in New York on Monday\u00a0sentenced\u00a0him to\u00a0two years of probation, a fine of\u00a0$10,000 and ordered him to forfeit $266,000.<\/p>\n<p>Rajiv testified against a billionaire hedge fund founder and former schoolmate\u00a0Raj Rajaratnam, who\u00a0was found guilty on 14 counts of conspiracy and securities fraud in May 2011.\u00a0Rajaratnam is currently serving an 11-year prison sentence\u00a0for making insider trades that were\u00a0alleged\u00a0to have earned him $75 million illegally.<\/p>\n<p>A\u00a0panel of three judge from the federal appeals court is scheduled to hear arguments on October 10th from the hedge fund founder in a bid to overturn his insider trading conviction.<\/p>\n<p>Alex Akesson<br \/>\nEditor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) In the latest Galleon hedge fund indictment, Rajiv Goel, a\u00a0former Intel Corp. executive,\u00a0received\u00a0leniency after apologizing\u00a0saying he was \u201cdeeply ashamed&#8230;.. I\u00a0had a serious lapse of judgment and good sense.\u201d \u00a0The US federal court in New York on Monday\u00a0sentenced\u00a0him [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,3],"tags":[],"class_list":["post-31508","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-fraud","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31508","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=31508"}],"version-history":[{"count":5,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31508\/revisions"}],"predecessor-version":[{"id":31513,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/31508\/revisions\/31513"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=31508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=31508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=31508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}