american executive

Leniency sought for Indian-American insider trading witness


July 17th, 2012 - 12:02 pm ICT by IANS
New York, July 17 (IANS) US prosecutors have made a plea for leniency for a former Indian-American executive of McKinsey & Co whose testimony helped convict Wall Street giants Raj ... Read more...

Posted in Business |

Rajaratnam jury replays wiretaps of Indian Americans


April 27th, 2011 - 11:15 am ICT by IANS
New York, April 27 (IANS) As they weigh the evidence against hedge fund tycoon Raj Rajaratnam in the biggest insider trading case in the US, jurors again listened to nine ... Read more...

Posted in Uncategorized |

Rajaratnam made millions on tips from Indian Americans


March 22nd, 2011 - 11:40 am ICT by IANS
Washington, March 22 (IANS) Hedge fund tycoon Raj Rajaratnam made $4 million in a day by doubling his stake in Hilton thanks to a tip from an Indian origin Moody's ... Read more...

Posted in World |

Indian American executive tipped Rajaratnam for 5 years


March 15th, 2011 - 10:55 am ICT by IANS
New York, March 15 (IANS) Anil Kumar, a former Indian American McKinsey & Co executive, has testified that he secretly provided billionaire hedge fund tycoon Raj Rajaratnam with inside information ... Read more...

Posted in World |

Indian-American executive sold tips to Rajaratnam for $1.75 million


March 11th, 2011 - 11:08 am ICT by IANS
New York, March 11 (IANS) Anil Kumar, a former Indian American partner of consulting firm McKinsey & Co has testified to leaking secrets about his clients to billionaire hedge fund ... Read more...

Posted in Business |

Indian American charged in biggest US insider-trading case


January 11th, 2011 - 11:14 am ICT by IANS
By Arun Kumar Washington, Jan 11 (IANS) US Federal regulators have charged the co-founder of a New York hedge fund and three others including an Indian American executive in what has been called ... Read more...

Posted in Business |

Indian American faces 20-year jail for embezzling $34 mn from company


July 30th, 2010 - 12:38 pm ICT by IANS
By Arun Kumar Washington, July 30 (IANS) A former Indian-American executive, who "engaged in irrational and excessive buying sprees", faces up to 20 years in jail after pleading guilty to embezzling $34 million ... Read more...

Posted in World |

Indian American executive pleads guilty to stealing $34 mn


July 29th, 2010 - 11:50 pm ICT by IANS
By Arun KumarWashington, July 29 (IANS) A former Indian-American executive faces up to 20 years in jail after pleading guilty to stealing $34 million from stereo headphone manufacturer Koss Corporation for her ... Read more...

Posted in Uncategorized |

Indian American executive indicted in $31 million fraud


January 21st, 2010 - 11:21 am ICT by IANS
By Arun Kumar Washington, Jan 21 (IANS) A former Indian American executive of Koss Corp, accused of using her position to fraudulently obtain more than $31 million from the stereo headphone manufacturer, has ... Read more...

Posted in Business |

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