New York - Attorney Preet Bharara has set itself the goal of bringing criminals in pinstripes for the route. And so the largest case of insider trading on Wall Street ends well for the main defendant in jail. A New York court has found the hedge fund billionaire and founder Raj Rajaratnam guilty on all points.
The 53-year-old Rajaratnam remain until the announcement of the sentence on 29 July at large told the court. He would, however, electronically monitor. He faces up to nineteen and a half years' imprisonment - the maximum sentence for investment fraud. Rajaratnam, who was born in Sri Lanka, took the verdict without apparent emotion mind. The founder of the hedge fund Galleon Wall Street had given one of the most spectacular scandals: Many former stock market traders, senior managers and lawyers with one another to exchange relevant information exchanged.
This court, however, is below the requests of the prosecutor Juan Carrau, who requested custody, avoidable bail of 250,000 euros, considering that there is risk of escape of the convicted. The prosecutor said in court that the risk is increased in this case because Vicens is "multi-defendant" in several criminal cases. Vicens's lawyer, Eduardo Valdivia, added 250,000 bond that is "wholly illusory" since Vicens said he does not have sufficient assets to meet such expenditure.
In this regard, he noted that all goods Vicens and were mortgaged to meet bail of 100,000 euros was asked to avoid prison by another separate piece of 'Son Oms case'. Valdivia denied that there is a flight risk and argued to justify that Vicens is rooted here and has family ties in this community, among others, a disabled daughter.
Complicated situation of a senior living we are accustomed to listening loading against those who oppose the canon digital downloads compared with a robbery. Earlier today, the canary has gone to the headquarters of the SGAE to continue their work. The Human Resources department SGAE has requested to respect the presumption of innocence of its members "as a constitutional right."
The 53-year-old Rajaratnam remain until the announcement of the sentence on 29 July at large told the court. He would, however, electronically monitor. He faces up to nineteen and a half years' imprisonment - the maximum sentence for investment fraud. Rajaratnam, who was born in Sri Lanka, took the verdict without apparent emotion mind. The founder of the hedge fund Galleon Wall Street had given one of the most spectacular scandals: Many former stock market traders, senior managers and lawyers with one another to exchange relevant information exchanged.
This court, however, is below the requests of the prosecutor Juan Carrau, who requested custody, avoidable bail of 250,000 euros, considering that there is risk of escape of the convicted. The prosecutor said in court that the risk is increased in this case because Vicens is "multi-defendant" in several criminal cases. Vicens's lawyer, Eduardo Valdivia, added 250,000 bond that is "wholly illusory" since Vicens said he does not have sufficient assets to meet such expenditure.
In this regard, he noted that all goods Vicens and were mortgaged to meet bail of 100,000 euros was asked to avoid prison by another separate piece of 'Son Oms case'. Valdivia denied that there is a flight risk and argued to justify that Vicens is rooted here and has family ties in this community, among others, a disabled daughter.
Complicated situation of a senior living we are accustomed to listening loading against those who oppose the canon digital downloads compared with a robbery. Earlier today, the canary has gone to the headquarters of the SGAE to continue their work. The Human Resources department SGAE has requested to respect the presumption of innocence of its members "as a constitutional right."
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