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
-
Martin Luther King Jr.’s granddaughter inspires Indy youth at Central Library
On Saturday, the spirit of Civil Rights icon Martin Luther King Jr. came to Indy, in the form of his granddaughter, 16-year-old Yolanda Renee King.
Rice leads No. 16 Indiana past South Carolina
Myles Rice scored 17 of his 23 points in the first half and No. 16 Indiana defeated South Carolina 87-71 on Saturday.
California health officials report first case of new form of mpox in the US
The first known case of clade I mpox in the U.S. was recently discovered in a person in California, the Centers for Disease Control and Prevention said Saturday.
Ball St. fires coach Mike Neu after 4 straight losing seasons
Ball State fired coach Mike Neu on Saturday following four straight losing seasons since winning his only Mid-American Conference title.
