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
-
Late-season snow reminds Hoosiers winter isn't over yet
Snow in March is not too uncommon in central Indiana, and the weather proved that Monday morning. In what some feel has been a never-ending winter, others were excited for the late-season snow.
Governor Braun reflects on 2026 legislative session during news conference
Governor Mike Braun spoke about the 2026 legislative session and what he views as the key bills the general assembly passed on Monday afternoon.
Mortgage rates drop below 6% for the first time in three years
According to Federal Home Loan Mortgage Corporation, the last time the average 30-year mortgage rate dipped below 6% was the week of Sept. 8, 2022.
School board member drafts new policy to address teacher injuries
A local school board member is taking action following a WRTV Investigation into teachers injured on the job and how schools report it.
