NEW YORK (AP) — A former U.S. congressman from Indiana, technology company executives and an investment banker are among nine people charged in four separate and unrelated insider trading schemes.
The charges were announced Monday in Manhattan. Authorities planned a news conference to describe the various ways defendants allegedly used inside information to make millions of dollars illegally in the stock market.
One indictment unsealed Monday identified Stephen Buyer as someone who misappropriated secrets he learned as a consultant to make about $350,000 illegally.
Buyer was a Republican congressman from 1993 through 2011, when he served on committees with oversight over the telecommunications industry.
Latest Stories
-
Greenfield cheers on UConn's Braylon Mullins as he heads to Final Four
Local restaurants in Greenfield are hoping to turn the games into celebrations, hosting watch-parties for Mullins and the Huskies as they take on Illinois this Saturday.
Greenfield cheers on UConn's Braylon Mullins as he heads to Final Four
Pedestrian stuck in Brownsburg on Ronald Reagan Parkway
Crash reconstruction specialists are investigating after a woman was struck by an SUV while jogging on Tuesday.
Your guide to navigating the Final Four weekend in downtown Indianapolis
With the Final Four weekend drawing near, the countdown is on in Indianapolis. Where to park, where to eat and everything in between.
