Raj Rajaratnam
Entrepreneur, Person
1957 –
Who is Raj Rajaratnam?
Raj Rajaratnam is a Sri Lankan American former hedge fund manager and billionaire founder of the Galleon Group, a New York-based hedge fund management firm. On October 16, 2009, he was arrested by the FBI on allegations of insider trading, which also caused the Galleon Group to close. He stood trial in U.S. v Rajaratnam in the United States District Court for the Southern District of New York, and on May 11, 2011 was found guilty on all 14 counts of conspiracy and securities fraud. On October 13, 2011, Rajaratnam was sentenced to 11 years in prison and fined a criminal and civil penalty of over $150 million combined.
As of January 14, 2013 Rajaratnam is incarcerated at Federal Medical Center, Devens in Ayer, Massachusetts, an administrative facility housing male offenders requiring specialized or long-term medical or mental health care. Rajaratnam's release date is July 4, 2021.
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- Born
- Jun 15, 1957
Colombo - Siblings
- Spouses
- Ethnicity
- Sri Lankan Tamils
- Sri Lankan American
- Tamil
- Tamil American
- Nationality
- United States of America
- Sri Lanka
- Profession
- Education
- Wharton School of the University of Pennsylvania
- University of Sussex
- University of Pennsylvania
- Dulwich College
- S. Thomas' College, Mount Lavinia
- S. Thomas' Preparatory School
- Employment
- Galleon Group
Submitted
on July 23, 2013
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"Raj Rajaratnam." Biographies.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.biographies.net/people/en/raj_rajaratnam>.
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