Prosecutors secured guilty pleas or verdicts against 79 individuals since October 2009 (conspiracy, financial)

[Versatile]

79 Crooks will pay a price!


SAC's Martoma found guilty of insider trading


NEW YORK - Mathew Martoma, a former portfolio manager at billionaire Steven A. Cohen's SAC Capital Advisors hedge fund, was found guilty on Thursday of engaging in what prosecutors called the most lucrative insider trading scheme in U.S. history.

A federal jury in Manhattan found Martoma, 39, guilty on all three of the conspiracy and securities fraud charges that he faced, over a scheme that allowed SAC Capital to make profits and avoid losses of $275 million.

The verdict was the eighth insider trading conviction of a current or former employee at SAC Capital, the $14 billion hedge fund that has long been in federal authorities' cross-hairs.

SAC's Martoma found guilty of insider trading - CBS News

[OICU812]

Good.

But this still doesn't make up for the 2008 financial collapse.

[Versatile]

Originally Posted by OICU812

Good.

But this still doesn't make up for the 2008 financial collapse.

Seems like a good start.