US trader 'stole millions' by insider dealing

Former hedge fund manager faces 20 years in jail after being found guilty of large-scale insider trading.

    A former hedge fund manager has been found guilty of involvement in what US prosecutors say was the largest-ever insider trading scheme.

    Mathew Martoma used secrets from the clinical trials of a new drug for Alzheimer's to earn $275m.

    His lawyer says an appeal is planned against the possible 20 year prison sentence.

    Al Jazeera's Kristen Saloomey reports from New York.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    World Cup 2018 quiz: How big a football fan are you?

    World Cup 2018 quiz: How big a football fan are you?

    Answer as many correct questions in 90 seconds to win the World Cup with your favourite team.

    The shocking story of Israel's disappeared babies

    The shocking story of Israel's disappeared babies

    New information has come to light about thousands of mostly Yemeni children believed to have been abducted in the 1950s.

    Stories from the sex trade

    Stories from the sex trade

    Dutch sex workers, pimps and johns share their stories.