NSR Chairman Rajat Gupta charged with insider trading
Chairman and Co-Founder of New Silk Route (NSR) Rajat Gupta is being investigated for insider trading by the Securities and Exchange Commission, alleging that he passed classified information, garnered through holding executive positions as Goldman Sachs and Procter & Gamble, to Raj Rajartnam, disgraced founder of hedge fund Galleon.
According to the SEC, among Gupta's tip-offs was information regarding Berkshire Hathaway's $5 billion investment in Goldman Sachs, and others that helped Galleon gain $18 million. Gupta has held the...
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