Bloomberg – A former Goldman Sachs Group Inc. employee who said he gave away “thousands” of dollars he received from an insider-trading scheme to New York’s homeless was sentenced to probation instead of prison.
Gautham Shankar, 38, of New Canaan, Connecticut, who also worked as a trader at Schottenfeld Group LLC, was ordered yesterday by U.S. District Judge Richard Sullivan in New York to serve three years of probation, including the first six months confined to his home.
