Gov’t witness: Galleon initiator paid intended for tips
Rajaratnams lawyer told jurors throughout opening statements end week so as to his client had the unsurpassed explore appearing in the partnership and did not need to trade illegally. The 52-year-old Kumar, of Saratoga, Calif., pleaded guilty to securities fraud charges only remaining time and testified dressed in the hopes of easygoingness on sentencing. Kumar, who worked in support of McKinsey & Co. in favor of added than 23 years sooner than his October 2009 arrest, testified go on week so as to he met Rajaratnam whilst they both attended the University of Pennsylvanias Wharton prepare dressed in the basic 1980s. in the manner of preliminary Galleon knot LLCa household of encircle funds with the purpose of close down in the manner of his arrest Rajaratnam free him hundreds of thousands of dollars pro inside tips, Kumar thought.