Rajat Gupta

Who is Rajat Gupta?

Rajat Kumar Gupta is an American businessman and philanthropist who was convicted in 2012 on insider trading charges.

Gupta was the Managing Director of management consultancy firm McKinsey & Company from 1994 to 2003. He was also a board member of corporations including Goldman Sachs, Procter and Gamble and American Airlines, as well as an advisor to non-profits such as the Bill & Melinda Gates Foundation and The Global Fund to Fight AIDS, Tuberculosis and Malaria. Additionally, he is the co-founder of the Indian School of Business, American India Foundation, New Silk Route and Scandent Solutions. He was convicted in June 2012 on insider trading charges of four criminal felony counts of conspiracy and securities fraud. He was sentenced in October 2012 to two years in prison, an additional year on supervised release and ordered to pay $5 million in fines. His conviction was upheld by a Federal Appeals Court on March 25, 2014.