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
-
Black artists take center stage at BUTTER Fine Art Fair
The annual BUTTER Fine Arts Fair returned to the Stutz Building in downtown Indianapolis this weekend, spotlighting the work of Black artists from across the city and around the world.
IMPD: Critical shooting on the north side of Indianapolis
According to IMPD, officers responded to the 2900 block of Dr. Martin Luther King Jr. Street at around 1:01 a.m. Sunday.
Man struck, killed in hit-and-run crash on US 31 South
According to IMPD, officers responded to the 8800 block of US 31 South around 1:41 a.m. on the report of a pedestrian struck.
Indy teens, community leaders gather for conversation on gun violence
Youth and community members gathered at the Far East Side Neighborhood Center in Indianapolis for a powerful conversation on gun violence.
