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Last updated: October 13, 2011 4:40 pm

The case against Raj Rajaratnam

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Raj Rajaratnam, the founder of Galleon Group, was convicted of 14 counts of conspiracy and securities fraud after making $63m by trading on inside information about earnings announcements and corporate takeovers.

He was found guilty in May after a seven-week trial, and on Thursday was sentenced to 11 years in prison, one of the longest terms for insider trading in recent times.

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