Hedge Fund News From HedgeCo.Net


Insider trader Danielle Chiesi jailed for 30 months

BBC – Danielle Chiesi, a former Bear Stearns hedge fund trader said to have used her charms to gain insider tips from company executives, has been jailed.

Chiesi, 45, was handed a two-and-a-half year sentence after pleading guilty in New York for her part in the Galleon hedge fund insider trading case. In a recorded telephone conversation she described how she played an insider source “like a finely tuned piano”.  She was heard laughing after her sentencing, as she shared a joke with an FBI agent who had testified against Rajaratnam.

Read Complete Article

 

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>