A leading
US hedge fund boss and five other people have been arrested on charges linked to insider trading.
Raj Rajaratnam, founder of the Galleon Group, and the other defendants, are alleged to have pocketed about $20m (£12m) in illegal profits.
They are said to have secured inside information regarding firms including
Google,
AMD, and
Hilton Hotels.
Forbes magazine has featured Mr Rajaratnam on one of its rich lists and estimated that he was worth $1.3bn.-BBC
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