Federal prosecutors ramped up their insider trading charges Tuesday against the man they accuse of making up to $45 million in history's largest hedge fund insider trading case. Prosecutors have added two securities fraud charges against Galleon Group founder Raj Rajaratnam. The fresh indictment resulted from what prosecutors say they learned from some defendants pleading guilty in a case that has seen charges against 21 people -- many of them former high-level executives at major corporations.
New Indictment Boosts Insider Trading Charges Against Galleon Founder
The Associated Press
February 11, 2010