The Goldman Sachs Group Inc. logo. Photo: Nicky Loh/Bloomberg
The defendant admitted to accepting cash payments in exchange for passing confidential details about corporate acquisitions and other deals involving Goldman client Buffalo Wild Wings to a Swiss trader and then covering his tracks using prepaid "burner" phones.
January 07, 2020 at 03:58 PM
1 minute read
A former Goldman Sachs banker accused of leaking confidential information to another trader in Switzerland pleaded guilty Tuesday to conspiracy to commit securities fraud.
Bryan Cohen, who worked as a vice president in Goldman’s investment banking division, was arrested Oct. 18 in connection with an insider trading ring and charged in a four-count, revised indictment with securities fraud, wire fraud and two counts of conspiracy.
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