Hedge Fund Pleads Not Guilty to Fraud Charges
Galleon hedge fund founder Raj Rajaratnam guilty to fraud now faces jail
Hedge fund billionaire Raj Rajaratnam has been found guilty of insider dealing, becoming the highest-profile scalp in the history of such investigations in the US. He now faces up to 20 years in prison.
The 53-year-old co-founder of the Galleon group was found guilty of 14 charges of securities fraud and conspiracy after a trial in New York.
Prosecutors accused the Sri Lankan-born billionaire of making $63.8m (£39m) from tips by corporate insiders and hedge-fund traders, and used controversial surveillance techniques to secure the conviction.
Rajaratnam was arrested in October 2009 and the government's investigation has widened to other hedge funds, so-called expert network firms, banks and technology companies. Some 19 people have pleaded guilty in the investigation.
The eight women and four men of the jury took 11 days to reach a verdict. Their decision was delayed after one juror was excused on medical grounds and a replacement had to be brought in.
The trial began on 8 March and involved some of the biggest names in US business. Rajaratnam was the most prominent corporate prosecution since the credit crunch. Unlike fraudster Bernard Madoff, Rajaratnam maintained he was innocent and assembled a high-powered defence team.
Goldman Sachs boss Lloyd Blankfein was called to give evidence after prosecutors alleged former Goldman director Rajat Gupta had leaked confidential informationஇவரால் vimal| 818 பார்வைகள்
Farrah Abraham Pleads Not Guilty to DUI Arrest Charges
Farrah Abraham is maintaining her innocence. The Teen Mom and new adult film star, 21, has pleaded not guilty to her DUI arrest from last month.
Abraham's attorney issued a not guilty plea in court on Monday, Apr. 29. The MTV star was charged with aggravated DUI, refusal to take a field test and disorderly conduct after being pulled over in her native Nebraska in March. She blew a .147, which is nearly twice the legal limit.இவரால் Anup Sahni| 550 பார்வைகள்
Missing Banker Pleads Not Guilty to Fraud
Former banker Aubrey Price plead not guilty to federal bank fraud and demonstrated for a Georgia court that he cannot afford a lawyer. Price is accused of stealing millions of dollars from investors and faking his own death in 2012.
இவரால் Nidhi| 448 பார்வைகள்
Rep. Michael Grimm Pleads Not Guilty to Fraud
Following a two-year investigation of his campaign financing, U.S. Rep. Michael Grimm was indicted Monday on federal mail, wire and tax fraud charges stemming from a restaurant he operated before entering Congress, a case he says is trumped up. (April 28)
இவரால் Nidhi| 601 பார்வைகள்
General Pleads Guilty to Some $ex Charges News Video
An Army Brigadier General pleaded guilty to committing misconduct and some sex crimes, but not guilty on charges of sexual assault brought against him by a former officer under his command. (March 6)
இவரால் Nidhi| 1487 பார்வைகள்
Suspect Pleads Not Guilty to Three Ohio Murders
Convicted sex offender Michael Madison has plead not guilty in the deaths of three women. Their bodies were found in East Cleveland, Ohio last month. Madison also faces other charges including rape.
இவரால் Nidhi| 311 பார்வைகள்
Suge Knight Pleads Not Guilty to Murder Video
Watch Suge Knight Pleads Not Guilty to Murder Video
இவரால் Nidhi| 262 பார்வைகள்
Man pleads not guilty to driving into crowd at Venice Beach, killing 1
A motorist pleaded not guilty Tuesday to one count of murder and multiple other charges, three days after he allegedly drove his car into pedestrians at the famed Venice Beach Boardwalk in California, killing an Italian honeymooner.
Nathan Louis Campbell, 38, is charged with murder, 16 counts of assault with a deadly weapon and 17 counts of hit-and-run, said Deputy District Attorney Gary Hearnsberger.
The charges include the special allegation of use of a deadly weapon, a car. Campbell, who was being held on $1.48 million bail, could face a life sentence if convicted.
Campbell, wearing a blue jail jumpsuit at his arraignment, was handcuffed at the waist and wrists.
When asked whether he wanted to waive his right to a speedy trial, Campbell answered, "Yes, sir" during the brief appearance.
His court-appointed attorney, Philip Dube, said his client was "very distraught" over the incident, but did not deliberately strike anyone.
"I don't believe he intentionally tried to hit anybody, based on my cursory review of the case and my discussions with the D.A.," said Dube.
Los Angeles Superior Court Judge Keith L. Schwartz set the next hearing for September 4. He and attorneys will discuss scheduling a preliminary hearing.
Campbell is accused of driving his 2008 Dodge Avenger onto the boardwalk, killing 32-year-old Alice Gruppioni of Italy. She suffered blunt trauma to the head and neck, accordiஇவரால் sumit| 334 பார்வைகள்
Colo. Officer Pleads Not Guilty to Murder Charge
Watch Colo. Officer Pleads Not Guilty to Murder Charge Video.
இவரால் Nidhi| 342 பார்வைகள்
Prosecutors said a large volume of evidence is stacked against a Connecticut-based hedge fund that pleaded not guilty Friday to criminal charges accusing it of letting insider trading flourish for more than a decade.
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Galleon hedge fund founder Raj Rajaratnam guilty to fraud now faces jail
Hedge fund billionaire Raj Rajaratnam has been found guilty of insider dealing, becoming the highest-profile scalp in the history of such investigations in the US. He now faces up to 20 years in prison.
The 53-year-old co-founder of the Galleon group was found guilty of 14 charges of securities fraud and conspiracy after a trial in New York.
Prosecutors accused the Sri Lankan-born billionaire of making $63.8m (£39m) from tips by corporate insiders and hedge-fund traders, and used controversial surveillance techniques to secure the conviction.
Rajaratnam was arrested in October 2009 and the government's investigation has widened to other hedge funds, so-called expert network firms, banks and technology companies. Some 19 people have pleaded guilty in the investigation.
The eight women and four men of the jury took 11 days to reach a verdict. Their decision was delayed after one juror was excused on medical grounds and a replacement had to be brought in.
The trial began on 8 March and involved some of the biggest names in US business. Rajaratnam was the most prominent corporate prosecution since the credit crunch. Unlike fraudster Bernard Madoff, Rajaratnam maintained he was innocent and assembled a high-powered defence team.
Goldman Sachs boss Lloyd Blankfein was called to give evidence after prosecutors alleged former Goldman director Rajat Gupta had leaked confidential informationஇவரால் vimal| 818 பார்வைகள்
Farrah Abraham Pleads Not Guilty to DUI Arrest Charges
Farrah Abraham is maintaining her innocence. The Teen Mom and new adult film star, 21, has pleaded not guilty to her DUI arrest from last month.
Abraham's attorney issued a not guilty plea in court on Monday, Apr. 29. The MTV star was charged with aggravated DUI, refusal to take a field test and disorderly conduct after being pulled over in her native Nebraska in March. She blew a .147, which is nearly twice the legal limit.இவரால் Anup Sahni| 550 பார்வைகள்
Missing Banker Pleads Not Guilty to Fraud
Former banker Aubrey Price plead not guilty to federal bank fraud and demonstrated for a Georgia court that he cannot afford a lawyer. Price is accused of stealing millions of dollars from investors and faking his own death in 2012.
இவரால் Nidhi| 448 பார்வைகள்
Rep. Michael Grimm Pleads Not Guilty to Fraud
Following a two-year investigation of his campaign financing, U.S. Rep. Michael Grimm was indicted Monday on federal mail, wire and tax fraud charges stemming from a restaurant he operated before entering Congress, a case he says is trumped up. (April 28)
இவரால் Nidhi| 601 பார்வைகள்
General Pleads Guilty to Some $ex Charges News Video
An Army Brigadier General pleaded guilty to committing misconduct and some sex crimes, but not guilty on charges of sexual assault brought against him by a former officer under his command. (March 6)
இவரால் Nidhi| 1487 பார்வைகள்
Suspect Pleads Not Guilty to Three Ohio Murders
Convicted sex offender Michael Madison has plead not guilty in the deaths of three women. Their bodies were found in East Cleveland, Ohio last month. Madison also faces other charges including rape.
இவரால் Nidhi| 311 பார்வைகள்
Suge Knight Pleads Not Guilty to Murder Video
Watch Suge Knight Pleads Not Guilty to Murder Video
இவரால் Nidhi| 262 பார்வைகள்
Man pleads not guilty to driving into crowd at Venice Beach, killing 1
A motorist pleaded not guilty Tuesday to one count of murder and multiple other charges, three days after he allegedly drove his car into pedestrians at the famed Venice Beach Boardwalk in California, killing an Italian honeymooner.
Nathan Louis Campbell, 38, is charged with murder, 16 counts of assault with a deadly weapon and 17 counts of hit-and-run, said Deputy District Attorney Gary Hearnsberger.
The charges include the special allegation of use of a deadly weapon, a car. Campbell, who was being held on $1.48 million bail, could face a life sentence if convicted.
Campbell, wearing a blue jail jumpsuit at his arraignment, was handcuffed at the waist and wrists.
When asked whether he wanted to waive his right to a speedy trial, Campbell answered, "Yes, sir" during the brief appearance.
His court-appointed attorney, Philip Dube, said his client was "very distraught" over the incident, but did not deliberately strike anyone.
"I don't believe he intentionally tried to hit anybody, based on my cursory review of the case and my discussions with the D.A.," said Dube.
Los Angeles Superior Court Judge Keith L. Schwartz set the next hearing for September 4. He and attorneys will discuss scheduling a preliminary hearing.
Campbell is accused of driving his 2008 Dodge Avenger onto the boardwalk, killing 32-year-old Alice Gruppioni of Italy. She suffered blunt trauma to the head and neck, accordiஇவரால் sumit| 334 பார்வைகள்
Colo. Officer Pleads Not Guilty to Murder Charge
Watch Colo. Officer Pleads Not Guilty to Murder Charge Video.
இவரால் Nidhi| 342 பார்வைகள்
Nidhi
The KARGIL War - Full Victory Story - Kargil Vijay Divas
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10 Unknown facts about Jayalalitha
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Earth Day 2016 / Save Earth-Save ourselves
No matter what you think about global warming or climate change, we need to take care of our planet. It's the only one we've got
We need to care for animals!
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We need to take care of the environment!
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Launch of Gujarat Election Campaign in Ahmedabad
Launch of Gujarat Election Campaign in Ahmedabad.
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Education ???? पर Arvind Kejriwal की जबरदस्त Speech ???? | Latest Motivational Speech | Aam Aadmi Party
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Address by Sh. Rajeev Gupta, Secretary, Youth Affairs at "International Yoga Seminar"
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