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
-
Michael Strahan to drive honorary Pace Car for 109th Indy 500
Michael Strahan, a Pro Football Hall of Famer, two-time Emmy winner, and “Good Morning America” co-host has been named honorary Pace Car driver for the 109th Indianapolis 500.
Ceasefire Indy holds 4th annual Friendsgiving to serve community, honor Ron Gee
Ron Gee would cook the food for the annual event himself to feed as many people as he could ahead of Thanksgiving. Now, in his absence, his family continued the Friendsgiving in his honor.
1 critically injured, 1 killed in shooting on Indy’s east side
One person was critically injured, and one was killed in a shooting on the east side of Indianapolis early Sunday morning.
Man killed in shooting on Indy’s northeast side
One person died after being shot in the 2400 block of East 38th Street on the northeast side of Indianapolis Saturday night.
