FBI Files Say Hedge Fund Analyst Made Millions on Tips From Dell Insider

Bloomberg – The FBI files spell it out: An analyst at Citadel LLC, the hedge fund with $23 billion in capital invested globally, told agents he made millions of dollars trading on information from a company insider.

It was December 2011, and the Justice Department was deep into a seven-year investigation into illegal stock tips. As authorities homed in on people at several other hedge funds over leaks from a Dell Inc. employee, agents at the Federal Bureau of Investigation began questioning the Citadel analyst about the friendship he formed with the same Dell insider.

Read Complete Article

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply