I hope they are getting the money back from these frauds...
One of them is worth like 1.3 Billion dollars, who the hell needs that kind of money

I truly believe that there should be a CAP on just how much income you are allowed to have, this is just gross great IMHO

Six Charged in Vast Insider-Trading Ring
Friday, October 16, 2009 As of 11:15 AM EDT
By CHAD BRAY

NEW YORK -- Galleon Group founder Raj Rajaratnam and five others have been charged in a $20 million insider-trading case, prosecutors said.

According to court documents, Mr. Rajaratnam, the founder of the $7 billion Galleon Group and portfolio manager for the Galleon Technology Funds, has been charged with four counts of conspiracy and eight counts of securities fraud.

Others charged criminally in the case include Rajiv Goel, director in strategic investments at Intel Corp.'s investment arm; Anil Kumar, a director at global management-consulting firm McKinsey & Co.; Danielle Chiesi and Mark Kurland of New Castle Partners LLC, the one-time equity hedge-fund group at Bear Stearns Asset Management Inc.; and Robert Moffat, a senior vice president at International Business Machines Corp.

Preet Bharara, the U.S. Attorney in Manhattan, is expected to discuss the case in more detail at a press