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
-
Indiana households struggle as essential costs outpace inflation for 15th year
The cost of household necessities in Indiana has outpaced inflation every year for more than 15 years, leaving many households struggling to get by.
Jury convicts 62-year-old Marion man for Muncie pawn shop attack
A 62-year-old man from Marion, Indiana, was convicted of attempted murder, aggravated battery, and other felonies for attacking an employee in 2024 at KT Pawn in Muncie with a wrench
Indiana University unveils memorial sculpture of Ryan White
Indiana University has unveiled a permanent memorial sculpture honoring HIV and AIDS activist Ryan White at the Indiana Memorial Union in Bloomington.
Person dies in motorcycle, SUV crash at Harding Street intersection
Indianapolis Metropolitan Police Department was called just before 2:30 p.m. Wednesday to the intersection of West Sumner Avenue and Harding Street.
