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
-
Zionsville aims to attract boutique hotel to ease shortage of hotel rooms
Officials hope a boutique hotel will preserve Zionsville’s small-town charm while expanding lodging options
Lost pet? Beware of scammers demanding cash for their safe return
A new scam is targeting lost pet owners, with scammers posing as local animal shelters or humane societies and calling owners, demanding they give money for their animal's safe return
Indianapolis woman allegedly served alcohol to minors at promoted parties
An Indianapolis woman is facing multiple charges after court documents say she used social media to advertise and operate illegal parties that served alcohol to minors on the east side.
Hancock Health rolls out first-of-its-kind robot to boost efficiency
Hancock Health is leading with innovation to help ease the workload for hospital staff, unveiling new technology that’s the first of its kind in the nation.
