A former Goldman Sachs Group Inc. associate will spend 28 months behind bars after admitting to passing inside tips to friends while working at the investment bank and Blackstone Inc.
See Also
Former Investment Banker Sentenced To 36 Months For Insider Trading And Obstruction Of JusticeThe Evolution of Insider Trading – N.Y.U. Journal of Legislation & Public PolicyBrentwood Man Found Guilty of Insider TradingFormer Goldman analyst gets 28-month prison sentence for insider trading | CNN BusinessAnthony Viggiano, 27, was sentenced on Wednesday by US District Judge Valerie Caproni in Manhattan. He pleaded guilty to a single count of securities fraud in January for tipping off two friends to at least seven transactions that he learned about while working at the two Wall Street firms.
See Also
Britannica Money