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More On Insider Trading Case

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This insider trading case continues to catch more flies with its web.

Preet Bharara, U.S. Attorney for the Southern District of New York, and the FBI said today that Don Ching Trang Chu, otherwise known as Don Chu, was arrested this morning on conspiracy charges, due to his employment at an "expert-networking" firm.

The charges brought against Chu are conspiring to promote the firm's consultation services by arranging for insiders at publicly-traded companies.

Chu was scheduled to leave the country to go back to Taiwan on Sunday, November 28.

 

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Posted-In: Federal Bureau of InvestigationPolitics