The SEC is offering large financial bounties to insider trade whistleblowers that expose executive insider trading, hedge fund insider trading, private equity fund fraud, money manger insider trading, hedge fund manager illegal trading, stock manipulation schemes, and other violations of securities law. These insider trading whistleblower rewards can be obtained by financial professionals with knowledge of illegal insider trading and other SEC violations. The SEC encourages all financial professionals with original knowledge of executive insider trades, hedge fund insider trades, private equity fund fraud, false misleading information on a company's financial statements, false information on Securities and Exchange Commission (SEC) filings, stock manipulation schemes; embezzlement by stockbrokers; and other securities fraud to properly expose the violations.
For many financial professionals, it can be a difficult decision to step forward to expose executive insider trades, hedge fund insider trades, private equity fund fraud, false misleading information on a company's financial statements, false information on Securities and Exchange Commission (SEC) filings, stock manipulation schemes; embezzlement by stockbrokers; and other securities fraud. To protect these professionals, confidentiality safeguards have been put in place that allow the financial professional whistleblower to blow the whistle on securities fraud through an attorney.
Dueling Portrayals of Former Goldman Director at Insider Trading Trial - NYTimes.com
Mr. Gupta, a former director of Goldman Sachs and Procter & Gamble, stands accused of leaking boardroom secrets about those two companies to his friend and business associate Raj Rajaratnam, the convicted former money manager who ran the Galleon Group, once one of the world’s largest hedge funds. The government depicted Mr. Gupta, a resident of Westport, Conn., as the ultimate insider who, after running the elite consulting firm McKinsey & Company, joined the boards of Goldman and P.& G. As a director, he was privy to these companies’ most closely guarded secrets.
“Gupta threw away his duties, threw away his responsibilities and broke the law,” Mr. Brodsky said.
Mr. Brodsky emphasized the ties between Mr. Gupta and Mr. Rajaratnam, who began doing business together during the middle of the last decade. Mr. Gupta invested in Galleon’s funds, and the two helped start a $1 billion private equity fund together.
“Together they offered each other far more than they could achieve individually,” said Mr. Brodsky.
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