Payment for insajderstvo
in business Galleon there were new accused
Yesterday law enforcement bodies of the USA within the limits of investigation of activity a hedge - fund Galleon Group have detained 7 persons suspected of use of the insider information in the mercenary purposes. Similar charges have been shown 7 more traders and lawyers. As have declared yesterday the public prosecutor of Manhattan Prit Bharara, director SEC for control over execution of the law Robert Huzami and the representative of FBI Joseph Demarest, the management of the branched out network of informants and accomplices was carried out by the former employee Galleon Group of Zvi Gofferom.
In particular, in 2007 thanks to the insider information he has earned the considerable sum on the transaction of company Avaya with funds of direct investments Silver Lake and TPG Capital. Besides, the trader traded on the received data on absorption Kronos and Hilton Hotels. According to the investigation, Zvi Goffer and its accomplices have made illegal transactions for a total sum in 40 million dollars. Representatives of law enforcement bodies notice that for concealment of traces of the crimes swindlers used methods of drug dealers. For example, trying to avoid shadowing from the authorities, they used mobile phones with advance payment cards.
we will remind, investigation on business Galleon Group, operating actives for the sum 7 mlrd dollars, it has been begun in October when head of it the hedge - fund Radzh Radzharatnam has been arrested on charge in insider trade. According to the investigation, thanks to roguish actions its company has earned about 20 million dollars. Now to the businessman threatens till 20 years of imprisonment.