Rajat Gupta, convicted of insider trading


Wall Street's most famous and successful Indian in the world - the U.S. being treated with Rajat Gupta has been convicted of insider trading cases. Manhattan Federal Court today found guilty of six charges, four of the Gupta's. Tell the court sentenced October 18. Gupta will remain on bail until then. Gupta, former director at Goldman Sachs 63-year-old hedge fund founder Raj Rajaratnam Galian charges that he provided confidential information. Rajaratnam in the case of insider trading was sentenced to 11 years last year.
What is the insider trading rules of stock investing company's internal financial information based on management's top official in the company's shares to buy - can not be sold. If he does so, it is called insider trading.
Maximum 20 years imprisonment: maximum 20 years in the United States in the case of securities fraud and conspiracy to provide for a maximum of 5 years imprisonment.

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