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Galleon Sentencing Scorecard: Average Prison Term Almost 3 Years

Bloomberg –  Galleon Group LLC co-founder Raj Rajaratnam is set to be sentenced today for insider trading after being convicted by a jury in Manhattan federal court for directing the biggest insider-trading scheme in a generation.

Prosecutors say Rajaratnam, who was convicted in May, should serve as long as 24 1/2 years in prison, calling him the “modern face of insider trading.” Yesterday, a federal judge in Manhattan sentenced Michael Kimelman to 30 months in prison for his role in an insider trading ring.

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