was an executive at Xilinx, a major semiconductor company at Silicon Valley, Rajat Gupta who was a former head of Mckinsey, he also served as chair member in Global Fund to Fight AIDS, Tuberculosis and Malaria, an important member of business schools, companies and also Goldman Sachs. Gupta was one of top elite class business man who has investment ties with Galleon management and did very personal favors to Rajaratnam by abusing his powers. Rajat Gupta was a close to state legislatures and he was very greedy as he was trying to go to another private equity firm which Rajaratnam did not like. Raj Rajaratnam had informants and tipsters and he also had a girl named Danielle Chiesi whom he counts as his most enthusiastic informants and she was…show more content… He received a tip on a text message stated, “Don’t buy Polycom’s stock till I get guidance; want to make sure guidance OK.”. Khan had strong connections and access to confidential information of Google and Polycom that she passed to Raj Rajaratnam about the earnings and company’s stock. She also worked as the product marketer for intel and gave Rajaratnam all the credible tips to do business with intel. Reports suggests that Rajaratnam made an estimate of $30 million with her tips. Security and Exchange Commission commonly known as SEC and Federal Bureau of Investigations launched their brief investigation on Galleon Group and the Roomy khan’s text was a breakthrough for the feds to take investigation to next level. Khan became the government cooperator and she showed the feds all the conversations she had with Raj Rajaratnam regarding insider trading. She secretly recorded conversations with her colleagues and due to her corporation, the court allowed SEC tasks force and federal government to wiretap Rajaratnam’s cell phone which was the main evidence of his conviction. When the government wiretaps Rajaratnam’s cell phone, they recorded his conversation with Rajiv Goel who was the intel executive and he was providing Rajaratnam with insider trade tips which later to be used in billion dollar investments. The government track down all the Galleon partners and their investment
