NEW YORK, Jan 31- Roomy Khan, a one-time technology company executive who became a key FBI informant in the insider-trading case against hedge-fund manager Raj Rajaratnam, was sentenced to 12 months in prison on Thursday. District Judge Jed Rakoff in Manhattan also ordered her to forfeit nearly $1.53 million.
NEW YORK, Jan 31- Roomy Khan, a one-time technology company executive who became a key FBI informant in the insider-trading case against hedge-fund manager Raj Rajaratnam, was sentenced to 12 months in prison on Thursday. District Judge Jed Rakoff in Manhattan also ordered her to forfeit nearly $1.53 million.
NEW YORK, Jan 31- Roomy Khan, a one-time technology company executive who became a key FBI informant in the insider-trading case against hedge-fund manager Raj Rajaratnam, was sentenced to 12 months in prison on Thursday. District Judge Jed Rakoff in Manhattan also ordered she forfeit nearly $1.53 million.
CEDAR RAPIDS, Iowa, Jan 31- A U.S. judge on Thursday sentenced the founder of Peregrine Financial Group to 50 years in prison for looting hundreds of millions of dollars from the brokerage, saying his customers would probably never recover the money they lost.
*Credit Suisse accused of missing fraud, could owe $2 bln. Jack Grone, a Credit Suisse spokesman, had no immediate comment. Credit Suisse faces fraud and conspiracy claims by the state of Arizona, AllianceBernstein Holding LP, Lloyds TSB Bank Plc, MetLife Inc, Allianz SE's Pimco unit and other investors that bought National Century notes from 1998 to 2002..
LAS VEGAS-- A defense lawyer says a federal indictment accusing a millionaire Las Vegas businessman of wire fraud contains weaker criminal charges than those prosecutors alleged when they accused him last summer and of heading an elaborate international Ponzi scheme.
*Bail set at $5 mln for Chan Ming Fon. NEW YORK, Jan 25- A former Singapore banker charged with helping Japan's Olympus Corp engineer a $1.7 billion accounting fraud was granted bail by a U.S. judge on Friday.
*Doug Whitman convicted on Google, Marvell, Polycom trades. NEW YORK, Jan 24- California hedge fund manager Doug Whitman was sentenced on Thursday to two years in prison, after he became the first defendant in a broad U.S. crackdown on insider trading to take the stand to convince jurors of his innocence.
*Doug Whitman convicted on Google, Marvell, Polycom trades. NEW YORK, Jan 24- California hedge fund manager Doug Whitman was sentenced on Thursday to two years in prison, after he had become the first defendant in a broad U.S. crackdown on insider trading to take the stand to convince jurors of his innocence.