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
-
Lugar Plaza is now a city park, here's what that means
Lugar Plaza is now a designated park. Located in front of the City County Building and right off the Indianapolis Cultural Trail, the plaza is a respite for travelers and pedestrians alike.
Governor Mike Braun signs stadium framework bill as state vies for Chicago Bears
The battle for the Bears continues. aimed at attracting the Chicago Bears to northwest Indiana, creating a framework to build a stadium in Hammond.
Grant program breathes new life into African American landmarks across Indiana
A Central Indiana foundation is breathing new life into African American landmarks across the state.
Historic Carnegie Library revived as restaurant honoring its past
The former Carnegie Library, built in 1909 and one of more than 2,500 funded by steel magnate Andrew Carnegie across the United States, is entering a new chapter as a restaurant that honors its past.
