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Galleon Group founder indicted

China Daily | Updated: 2009-12-17 08:02

Galleon Group founder indicted

Raj Rajaratnam arrives at a federal court for a bail hearing in New York on Nov 5. A court hearing is scheduled for Rajaratnam and Danielle Chiesi on Dec 21. Bloomberg News

NEW YORK: Raj Rajaratnam, the billionaire Galleon Group LLC founder, and Danielle Chiesi, an executive at New Castle Funds LLC, were indicted by a federal grand jury for using inside information to profit from stock trades.

Galleon Group founder indicted

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