Rajat Gupta Sentencing

Rajat Gupta was once the toast of Wall Street, a real Indian-American icon admired around the world. He became the first Indian-born CEO of a multinational corporation when he was chosen Managing Director of McKinsey, the global consulting firm, in 1994. He held that prestigious position for nine years. Then came a stunning fall from grace in 2012 ...

Convicted in 2012 on insider trading charges, the IIT and Harvard-educated 67-year-old former McKinsey began serving a two-year prison term in June, 2014.

The prosecutors said the IIT and Harvard-educated former McKinsey head, who is serving a two-year sentence, had a "powerful" financial incentive to tip his billionaire hedge-fund operator friend Raj Rajaratnam.

According to information on the Federal Bureau of Prisons website, Gupta's "release date" from prison is March 3, 2016. Gupta began his prison sentence after fighting a protracted legal battle to clear his name in one of the biggest insider trading schemes in US history.

Rajat Gupta, a one-time poster boy of Indians in America and former Goldman Sachs Director, yesterday began his two-year prison sentence after fighting a protracted legal battle to clear his name in one of the biggest insider trading schemes in US history.

Former Goldman Sachs Group Inc director Rajat Gupta on Tuesday lost his challenge to a $13.9 million civil penalty and a permanent ban from acting as an officer for a public company, the same day he was scheduled to begin serving a two-year prison sentence.

65-year-old Gupta, once regarded as among the most powerful and influential in corporate America, will serve his jail term at a minimum security satellite camp of the Federal Medical Center-Devens in Ayer, Massachusetts.

A day before he is scheduled to begin serving a two-year prison sentence for insider trading, former Goldman Sachs Group Inc director Rajat Gupta asked a federal appeals court to reduce a $13.9 million civil penalty and shorten his lifetime ban from serving as an officer of a public company.

India-born former Goldman Sachs director Rajat Gupta, who is scheduled to begin his prison term on June 17, hopes to release a book telling his side of the story and visit India once he completes his two-year sentence, according to a media report.

India-born former Goldman Sachs Director Rajat Gupta, who is scheduled to begin his prison term on June 17, hopes to release a book telling his side of the story and visit India once he completes his two-year sentence, according to a media report.

India-born former Goldman Sachs director Rajat Gupta will have to report to jail next week to begin his two-year sentence on insider trading charges after the US Supreme Court rejected his bid to remain free on bail till his appeal for rehearing his conviction is decided on.

US District Judge Jed Rakoff in Manhattan directed Mr Gupta to surrender by 2:00 p.m. EDT (1800 GMT) on that date to start serving his sentence at an institution chosen by the Federal Bureau of Prisons, according to an order issued on Thursday.

In a setback to India-born former Goldman Sachs director Rajat Gupta, a US court today sentenced him to two years in prison and denied his bid for a new trial after upholding his conviction on insider trading charges, ruling that there is no merit in his appeal.

Last year on Diwali Former Goldman Sachs director, Rajat Gupta arrived at the federal courthouse in downtown Manhattan to surrender to the FBI and face criminal insider trading-related charges. His family and friends then said they believed it was an auspicious day and the gods would protect him. Today, on Dusshera, the India born Gupta arrived in ...

A former Goldman Sachs and Procter & Gamble Co. board member Rajat Gupta was sentenced to two years in prison Wednesday, culminating a spectacular fall from grace for a man whose good deeds worldwide brought him leniency after he was convicted of feeding inside information about board dealings to a billionaire hedge fund owner who was his friend.

Rajat Gupta was once the toast of Wall Street, a real Indian-American icon admired around the world. He became the first Indian-born CEO of a multinational corporation when he was chosen Managing Director of McKinsey, the global consulting firm, in 1994. He held that prestigious position for nine years. Then came a stunning fall from grace in 2012 ...

Convicted in 2012 on insider trading charges, the IIT and Harvard-educated 67-year-old former McKinsey began serving a two-year prison term in June, 2014.

The prosecutors said the IIT and Harvard-educated former McKinsey head, who is serving a two-year sentence, had a "powerful" financial incentive to tip his billionaire hedge-fund operator friend Raj Rajaratnam.

According to information on the Federal Bureau of Prisons website, Gupta's "release date" from prison is March 3, 2016. Gupta began his prison sentence after fighting a protracted legal battle to clear his name in one of the biggest insider trading schemes in US history.

Rajat Gupta, a one-time poster boy of Indians in America and former Goldman Sachs Director, yesterday began his two-year prison sentence after fighting a protracted legal battle to clear his name in one of the biggest insider trading schemes in US history.

Former Goldman Sachs Group Inc director Rajat Gupta on Tuesday lost his challenge to a $13.9 million civil penalty and a permanent ban from acting as an officer for a public company, the same day he was scheduled to begin serving a two-year prison sentence.

65-year-old Gupta, once regarded as among the most powerful and influential in corporate America, will serve his jail term at a minimum security satellite camp of the Federal Medical Center-Devens in Ayer, Massachusetts.

A day before he is scheduled to begin serving a two-year prison sentence for insider trading, former Goldman Sachs Group Inc director Rajat Gupta asked a federal appeals court to reduce a $13.9 million civil penalty and shorten his lifetime ban from serving as an officer of a public company.

India-born former Goldman Sachs director Rajat Gupta, who is scheduled to begin his prison term on June 17, hopes to release a book telling his side of the story and visit India once he completes his two-year sentence, according to a media report.

India-born former Goldman Sachs Director Rajat Gupta, who is scheduled to begin his prison term on June 17, hopes to release a book telling his side of the story and visit India once he completes his two-year sentence, according to a media report.

India-born former Goldman Sachs director Rajat Gupta will have to report to jail next week to begin his two-year sentence on insider trading charges after the US Supreme Court rejected his bid to remain free on bail till his appeal for rehearing his conviction is decided on.

US District Judge Jed Rakoff in Manhattan directed Mr Gupta to surrender by 2:00 p.m. EDT (1800 GMT) on that date to start serving his sentence at an institution chosen by the Federal Bureau of Prisons, according to an order issued on Thursday.

In a setback to India-born former Goldman Sachs director Rajat Gupta, a US court today sentenced him to two years in prison and denied his bid for a new trial after upholding his conviction on insider trading charges, ruling that there is no merit in his appeal.

Last year on Diwali Former Goldman Sachs director, Rajat Gupta arrived at the federal courthouse in downtown Manhattan to surrender to the FBI and face criminal insider trading-related charges. His family and friends then said they believed it was an auspicious day and the gods would protect him. Today, on Dusshera, the India born Gupta arrived in ...

A former Goldman Sachs and Procter & Gamble Co. board member Rajat Gupta was sentenced to two years in prison Wednesday, culminating a spectacular fall from grace for a man whose good deeds worldwide brought him leniency after he was convicted of feeding inside information about board dealings to a billionaire hedge fund owner who was his friend.