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
-
Ball State students react to ending DEI programs
On Friday, Ball State students protested the decision to end diversity, equity, and inclusion (DEI) programs, saying it would hurt diversity on campus and give in to racism
Storms, heavy rain move through Central Indiana on Saturday
On Saturday morning, Central Indiana was hit by several rounds of rain and storms that caused some minor damage and even led to the cancellation of the Carmel Marathon.
'Deeply Ingrained' Program inspires youth through woodworking and life skills
What started as a simple project for a father and his children has blossomed into "Deeply Ingrained," a program offering valuable woodworking skills and life lessons to hundreds of children.
Tips to prevent basement flooding before as more rain approaches
The next round of heavy rain is in the forecast for the weekend. It comes about two weeks after storms dumped inches of rain in Central Indiana.
