Raj Rajaratnam

  • Raj Rajaratnam founded the hedge fund management firm Galleon Group in 1997. In early 2009, Rajaratnam was believed to be the richest person from Sri Lanka in the world.

    Rajaratnam was one of six people arrested in October of 2009 for a $20-million insider trading case. He was charged with conspiracy and securities fraud. Rajaratnam reportedly received insider information for companies including Hilton Hotels and Google, which he passed on to others.http://online.wsj.com/article/SB125570373292090093.html?mod=WSJ_hpp_LEFTWhatsNewsCollection

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