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
-
INDOT: Lane closures on I-465 and I-69 this weekend
According to INDOT, drivers should be aware of upcoming lane closures affecting the I-465 and I-69 interchange this weekend.
31-year-old dead following stabbing on west side of Indianapolis
One person is dead following a stabbing on the west side of Indianapolis late Thursday night, police said.
Roundabout project aims to help with growth in Bargersville
A new investment in the intersection of State Road 135 and State Road 144 will help improve traffic, reduce delays and ensure safety in the area.
Indiana not joining summer program to feed hungry students
It might be more difficult for Hoosier families to feed their kids this summer. As it stands right now, the state will not participate in SUN Bucks.
