A former hedge fund manager who also worked as a pastor was sentenced on Thursda...
NEW YORK - A former hedge fund manager who also worked as a pastor was sentenced on Thursday to five years in prison after being convicted of insider trading on non-public corporate press releases stolen by computer hackers.
The judge also fined Korchevsky $250,000 and ordered the Glen Mills, Pennsylvania, resident, who was born in Kazakhstan, to forfeit $14.4 million. Vladislav Khalupsky, a securities broker, was also convicted at Korchevsky’s trial on the same charges. He was sentenced on Jan. 11 to four years in prison.
Business Wire is owned by Warren Buffett’s Berkshire Hathaway Inc, PR Newswire is owned by Cision Ltd, and Marketwired is owned by West Corp.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Could Manafort argue double jeopardy to get NY indictment dismissed?Analysis: Paul Manafort may be relying on the president to issue a pardon. If he is, he should refocus his energies.
Read more »
NY Mets launch new ticket subscription deal for 78 home gamesThe New York Mets are offering up a ticket package this season that gives baseball fans standing room access to games.
Read more »
N.Y. Attorney General Calls For $5.6 Million Fine Against Trump's 'Self-Dealing' FoundationNY's AG has called for a $5,600,000 fine against the Trump Foundation for allegedly spending charity money on Trump’s personal, business and campaign costs. The penalty would be in addition to $2,800,000 in restitution for misuse of charity funds.
Read more »
April the giraffe gives birth to a calf from April the giraffe gives birth to a calfWe hope you're enjoying the start to spring as much as these sunbathing meerkats are!
Read more »
Colombian proposal to ditch NY coffee price may send buyers elsewhereA proposal by Colombian coffee growers' federation that producer countries ...
Read more »
Wells Fargo in talks with ex-Goldman exec Schwartz to be next CEO: NY PostWells Fargo & Co's board is in talks with Harvey Schwartz, the former presi...
Read more »
Double jeopardy? Manafort may have a way to get the NY indictment tossed.Analysis: Trump's former campaign chairman may be relying on the president to issue a pardon. If he is, he should refocus his energies.
Read more »