C. investigators stayed away from Galleon, wanting to make him think that they had moved on.
Within hours, Adam Smith and Rengan Rajaratnam had removed evidence from the Galleon offices.
In return, the executives provide Galleon the unfair edge that the fund leverages so well.
The insider-trading type was someone like Adam Smith, the Galleon portfolio manager from Harvard.
The long-awaited trial of Raj Rajaratnam, Galleon Group founder, began last week in New York.
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Raj Rajaratnam was deposed in the Sedna probe, and Galleon was ultimately drawn into the investigation.
Most famous are Galleon hedge fund manager Raj Rajaratnam and former Goldman Sachs director Rajat Gupta.
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Goel joins 7 others who were spared prison in the case related to Galleon.
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His tips allowed Rajaratnam to time a trade perfectly, and Galleon betting long on A.T.
And more recently, there was one female figure that stood out in the Galleon Insider trading scandal.
Nuestra Senora de Atocha, a Spanish galleon, sank in a storm off the Florida coast in 1622.
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Adam Smith, who had initially avoided arrest, started his own operation, managing the money of a Galleon investor.
The billionaire founder of hedge fund Galleon Group then ordered his funds to trade on the inside information.
Inside are human skulls, life vests from Japanese whalers, the proud figurehead of a galleon, brass cannons, rigging and sea-worn chains.
The Galleon case led to charges against 23 traders, which included another former hedge fund manager, Richard Choo-Beng Lee.
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It was okay to not report income paid by Galleon to the IRS?
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Hanging from the ceiling was a glittering Spanish galleon, accompanied by a pair of chandeliers decked with Disney-like candlesticks.
Rajaratnam, the co-founder of Galleon, is scheduled to be sentenced on September 27.
FORBES: Galleon Group Trader Craig Drimal Sentenced To 66 Months In Prison
Fedreal investigators have used similar tactics in a parallel investigation involving Galleon Group.
Mr. Rajaratnam's other brother, Rengan, 40, also drew the interest of investigators before the criminal probe of Galleon began.
In the Galleon case, it is the question of what is public information.
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Nevertheless, a few electronic records gave hints of widespread insider trading at Galleon.
Madrid suspects the 17th Century sunken treasure galleon may either have been Spanish or have gone down in Spanish waters.
In testimony, Galleon trader Ananth Muniyappa, said that Shaulov had a financial position that was shorting financial stocks, including Goldman.
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The Galleon case is interesting because it involves so many people, with different backgrounds, all charged with a similar wrongdoing.
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In May, Raj Rajaratnam, the founder of the Galleon Group, was convicted on fourteen counts of conspiracy and securities fraud.
The telecom industry is like a big fat treasure galleon, bloated with gold, that's being attacked and boarded by pirates.
During August, September, and October of 2008, the Galleon Technology Funds invested tens of millions of dollars in AMD securities.
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For his central role in the conspiracy, Rajaratnam, the co-founder of the now defunct Galleon Group, received a record 11-year sentence.
FORBES: The Obscure Insider Trading Case That Started It All
The biggest fish of all in the Galleon Group case(s) is Raj Rajaratnam who was convicted at trial in May.
FORBES: Galleon Group Trader Craig Drimal Sentenced To 66 Months In Prison
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