United States charges billionaire hedge fund manager Raj Rajaratnam with securities fraud crimes

by admin on December 16, 2009

The United States Attorney for the Southern District of New York (Manhattan), announced on Tuesday that that the Sri Lankan born billionaire hedge fund manager Raj Rajaratnam and Danielle Chiesi, were charged with a seventeen count indictment involving conspiracy and securities fraud crimes stemming from their alleged involvement in the largest hedge fund insider trading case in history.

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