Rajiv Goel Explained

Rajiv Goel
Native Name Lang:English
Occupation:Financier
Citizenship:United States
Director of Strategic Investments, Intel Capital
Employer:Intel
Alma Mater:The Wharton School
Criminal Charge:securities fraud, conspiracy (October 16, 2009)
Criminal Penalty:Two years' probation

Rajiv Goel is a former American executive at Intel. He was a managing director in Intel's treasury department and a director of strategic investments at Intel Capital.

In 2009, he was arrested for insider trading with friend and hedge fund founder Raj Rajaratnam, in a sprawling US federal investigation centered on the Galleon Group. He pleaded guilty to securities fraud and conspiracy in February 2010.[1] In 2011 he testified against Rajaratnam and in 2012 was sentenced to two years' probation.[2]

Goel met Rajaratnam while they were both students at Wharton business school. He testified in the high-profile case U.S. v Rajaratnam against the hedge fund billionaire.

Notes and References

  1. News: Lattman . Peter . Lloyd Blankfein of Goldman Sachs to Testify at Galleon Trial - NYTimes.com . Dealbook.nytimes.com . 2011-03-22 . 2012-11-17.
  2. News: Government Witness Rajiv Goel Gets Probation in Galleon Insider Case. Forbes . Walter . Pavlo. 2012-09-24.