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Can you provide an example of a person in the financial industry who went to jail for violating regulations of the kind you are talking about, as opposed to fra
by sjy 7y ago
Can you provide an example of a person in the financial industry who went to jail for violating regulations of the kind you are talking about, as opposed to fraud/dishonesty?
- CaptainZapp 7y agoRaj Rajaratnam[1] would be a fine example. He got 11 years for insider trading. There's also Matthias Krull[2]. Sentenced to ten years for money laundring. [1] https://en.wikipedia.org/wiki/Raj_Rajaratnam https://en.wikipedia.org/wiki/Raj_Rajaratnam [2] https://www.swissinfo.ch/eng/criminal-conviction_former-swiss-banker-sentenced-for-money-laundering-in-venezuela/44507168 https://www.swissinfo.ch/eng/criminal-conviction_former-swis...
- sjy 7y agoI think that it would be more accurate to describe "14 counts of conspiracy and securities fraud" and "a plot to launder $1.2 billion from Venezuela's state-owned oil company" as fraud and dishonesty, rather than regulatory violations.