Rajiv Goel is a former American executive at

Intel Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and Delaware General Corporation Law, incorporated in Delaware. Intel designs, manufactures, and sells computer compo ...

. He was a managing director in Intel's treasury department and a director of strategic investments at Intel Capital. In 2009, he was arrested for

insider trading Insider trading is the trading of a public company's stock or other securities (such as bonds or stock options) based on material, nonpublic information about the company. In various countries, some kinds of trading based on insider informati ...

with friend and

hedge fund A hedge fund is a Pooling (resource management), pooled investment fund that holds Market liquidity, liquid assets and that makes use of complex trader (finance), trading and risk management techniques to aim to improve investment performance and ...

founder

Raj Rajaratnam Rajakumaran Rajaratnam (born June 15, 1957) is a Sri Lankan-American former hedge fund manager and founder of the Galleon Group, a New York-based hedge fund management firm. He is also the author of his memoir, '' Uneven Justice: The Plot to S ...

, in a sprawling US federal investigation centered on the

Galleon Group The Galleon Group was one of the largest hedge fund management firms in the world, managing over $7 billion, before closing in October 2009. The firm was the epicenter of a 2009 insider trading scandal which subsequently led to its fall. The fir ...

. He pleaded guilty to securities fraud and conspiracy in February 2010. In 2011 he testified against Rajaratnam and in 2012 was sentenced to two years' probation. Goel met Rajaratnam while they were both students at Wharton business school. He testified in the high-profile case ''U.S. v Rajaratnam'' against the hedge fund billionaire.

References

{{DEFAULTSORT:Goel, Rajiv American people convicted of fraud Intel people Living people Year of birth missing (living people)