July 5, 2024
Property and Financial Crimes

Insider trading crackdown: Feds call out high-profile hedge fund for fraud



Federal prosecutors brought criminal fraud charges against SAC Capital, one of Wall Street’s most successful hedge funds. Founded by billionaire Steven Cohen, the company is accused of using information not available to the public to make hundreds of millions of dollars in illegal profits. Vanity Fair contributing editor Bethany McLean discusses the case with the “CBS This Morning” co-hosts.

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  • @dandsw9750 June 23, 2024

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  • @robertwynn5264 June 23, 2024

    ITS HAPPENED AGAIN

  • @GSpotter63 June 23, 2024

    When you are just shuffling money around so that those who earned it end up with less of it and you end up with more of it you are NOT making money you are taking money. Those who do this should never be praised, there is no honor in this…….afaf

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