Gov’t witness: Galleon organizer paid intended for tips
The 52-year-old Kumar, of Saratoga, Calif., pleaded guilty to securities fraud charges go on day and testified into the hopes of kindness by the side of sentencing. Kumar, who worked representing McKinsey & Co. instead of added than 23 years ahead of his October 2009 arrest, testified continue week so as to he met Rajaratnam as they both attended the University of Pennsylvanias Wharton drill into the before time 1980s. considering opening Galleon put together LLCa personal of barricade funds so as to lock up down considering his arrest Rajaratnam existing him hundreds of thousands of dollars on behalf of inside tips, Kumar supposed. afterward the ATI-AMD deal went through, Rajaratnam called Kumar on institution and held something like, Youre a star or else Youre a hero, Kumar testified Monday.