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
-
7 residents displaced; dog dies in house fire on Indy’s north side
Seven people were displaced, and a dog died in a house fire on the north side of Indianapolis on Thursday.
Ruoff Music Center to now require parking passes for on-site parking
If bought online in advance, parking options start at $20. Buying parking passes on the day of the show will start at $25. There are other options for VIP parking.
Local AI company could change how packages are delivered and stored
Arrive AI would allow drones to drop a delivery in a secure mailbox. The box is climate-controlled and password-protected.
IMPD Chief asking Statehouse to allow red light cameras in Indianapolis
IMPD Police Chief Chris Bailey believes red light cameras could help the department during staffing shortages.
