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NYC jury convicts hedge fund founder of conspiracy, fraud in massive insider trading case

NYC jury convicts hedge fund founder of conspiracy, fraud in massive insider trading case

A former Wall Street titan was convicted Wednesday of making a fortune by coaxing a crew of corporate tipsters to give him an illegal edge on blockbuster trades in technology and other stocks — what prosecutors called the largest insider trading case ever involving hedge funds.

 

Madoff's Ex-Secretary Gets House Arrest

Bernard Madoff's former secretary has made bail and will await her New York trial while on house arrest. Annette Bongiorno, of Boca Raton, Fla., is facing trial on charges of conspiracy and securities fraud.

 

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