The employee before inside trades to be sentenced to put Gao Cheng under house arrest obtains punishment 3 years

Qin Wei

Beijing time on April 19, most popular selling memory card digital cameras because Gautham Shankar of the employee before Gao Cheng is suspected of inside trading to t mobile prepaid cards be sentenced by court of new York place probation 3 years, 6 months must put the head under house arrest in the home. dog crates large

Shankar is 38 years old, it is groups of pair of strong fund caique (Galleon Group) inside trades one of staff of 20 experience case that are accused in the case. 2009, caique group inside trades case erupt, involve fu the most popular scooby costume nd 40 million dollar, the author of caique group pulls Jay Lagulatena (him Raj Rajaratnam) trades to be sentenced 11 years to imprison because of inside.

Assisted governmental investigation actively to win good impression before the judge for Shankar. In addition, the lawyer of Shankar points out he ever will trade from inside in acquisition 5000 dollars send hobo, this one almsdeed also adds cent to Shankar, help its avoid the disaster that suffers bagnio.

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Judge Richard Sullivan returns a ruling, shankar needs pay the amerce of 25 thousand dollar, confiscate its to make an appointment with the illegal income of 448 thousand dollar.

Shankar came in July 2000 Yu Gaocheng of the hold post between Feburary 2003, nevertheless, he participates in inside to trade is to be opposite say below strong fund Schottenfeld Group LLC(" Schottenfeld " ) during the job. Shankar admits, he ever Ge Fu of · of dimension of at present of caique group staff member and Lanexa whole world ran a company once upon a time over there the one analyst before the name get information illegally, use these information to gain profit.

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Ge Fu basically passes the in-house personage of bribe target company to get inside information, he first bribe Luopusi - the lawyer of Grey's attorney office, this lawyer violates confidential agreement, disclosed most popular selling memory laptop toshiba to another lawyer include the company annex such as 3com, Avaya to recombine buy information, next pass on gives Ge Fu. After this, ge Fu place of analyst sanded conspicuous obtained the inside information that the hotel will turn Hilton demesne, gain profit from which 630 thou most popular selling canon ef 15mm sand dollar.

2007, shankar holds the position of the member that trade in Schottenfeld when, use concerned Avaya Inc. , 3Com Corp. , Hilton hotel group, Google Inc. With Kronos Inc. be not public information to be engaged in a stock trading gain profit, be not these public information to travel further to someone else the most popular memory laptop toshiba .

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The lawyer of Shankar says its will are faced wi the best selling canon ef 15mm th be as long as the jail of 37 months lives, trade in inside medium gain profit not to exceed 450 thousand dollar.

Last year, american card inspect can have traded according to negotiable securities the relevant provision of the law, prohibit Shankar is engaged in trading with negotiable securities again, investment seeks advice, municipal bond trades to serve relevantly, point out, if Shankar wants to apply for relevant qualification afresh, need is faced with strict examine memory laptop toshiba and verify, need to satisfy a series of requirements.

The lawyer of Shankar submitted more than 50 letters begging for leniency to the court, the letter begging for leniency that the person place such as 3 the Gao Cheng before including two of Shankar's work in the same placing, his clients when Gao Cheng works writes.

Nevertheless, the judge Sullivan of responsible cognizance says frankly, a when decide to adjudicate a result important variable is not argue to just try hard to prove Shankar is a good person on front courtyard, however the manner that him Shankar cooperates as early as possible in the efforts in governmental investigation and him.