As expected, Rajiv Goel, an ex-Intel treasury department executive, pleads guilty to securities fraud and conspiracy in connection with the massive Wall Street insider trading scandal. Goel faces up to 20 years in prison when he is sentenced in May. Prosecutors say he is cooperating with investigators.
– Rajiv Goel, the former Intel executive charged in a massive Wall Street
insider trading case, has pleaded guilty to two charges.
Goel made his plea Feb. 8 in U.S. District Court in New
York. The guilty
plea was expected after federal prosecutors filed papers Feb. 4 saying Goel
was waiving indic…