New York City, Oct 19 (THAINDIAN NEWS) After being released from federal custody, accused insider trader Raj Rajaratnam arrived at work this morning.

Earlier on Friday Raj Rajaratnam, the founder of the multibillion dollar hedge fund Galleon, was arrested on charges of conspiracy and securities fraud and insider trading. Later, Rajaratnam was released on a whooping $100 million bail.

The fifty-two year old Mr Raj Rajaratnam, was amongst the six people arrested last Friday in what the Federal Bureau of Investigation said was the largest-ever hedge-fund insider-trading case.

According to the SEC civil complaint, a person identified as “Tipper A” received information in 2007 that Google’s earnings would fall short of expectations. This information came from an unnamed employee of Market Street Partners, a San Francisco investor-relations firm that was apparently handling Google’s quarterly results. The SEC says that Tipper A then provided the information to Rajaratnam and that Galleon executed some insider trading due to this information, and the trade resulted in a $9 million profit.

There were also reports that Raj Rajaratnam was under the scanner because he was diverting funds to the Sri Lankan based Liberation Tigers of Tamil Eelam(LTTE), through a Maryland-based charity. Mr. Walden said Mr. Rajaratnam’s donations “was responsible for rebuilding thousands of homes for Tamils, Sinhalese, and Muslims without discrimination. He obviously had the homes rebuilt, as they are standing today. Go see them.”