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
-
Brinks truck driver robbed by 3 suspects on Indy's southeast side; 2 arrested
IMPD is investigating after a Brinks truck driver was robbed by three suspects on Indy's southeast side on Thursday. Police said 2 of the suspects were arrested after a brief police chase.
IFD responds to fire at east side restaurant
Indianapolis Fire Department responded to a fire at the Four Seasons Family Restaurant on Indy's east side early Thursday morning.
DOJ sues to force Google to sell Chrome over monopoly claims
The Department of Justice has asked a judge to compel Google to relinquish control of its Chrome and Android platforms, which could dramatically alter how Americans use the internet.
11-car train derailment in Frankfort closes roads for several hours
According to Clinton County EMA, no injuries were reported and one of the train cars contains vegetable oil, but there is no reported leakage.
