As expected, Rajiv Goel, an ex-Intel treasury department executive, pleaded 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 the 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 that Goel was waiving in…
Former Intel Executive Pleads Guilty to Fraud, Conspiracy
written by John Beckham on February 9th, 2010 |
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