A former investment banker was charged with helping to hatch a global insider-trading ring from the Paris restaurant he owned.
Samy Fadi Khouadja was named along with seven other men in an indictment unsealed Tuesday by federal prosecutors in Boston. The onetime Merrill Lynch banker was accused of co-leading a group that raked in tens of millions of dollars from insider tips on more than a dozen deals.
Khouadja, 45, is not in custody and is considered a fugitive, the US Justice Department said in a press release announcing the charges. Dominique Inchauspé, a lawyer for Khouadja in France, declined ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.