A former Goldman Sachs and Blackstone analyst was sentenced to 28 months in prison Wednesday for insider trading, after admitting that his conduct was “catastrophically stupid.”
Anthony Viggiano, 27, of Baldwin, New York, was sentenced by US District Judge Valerie Caproni in Manhattan, after pleading guilty in January to securities fraud.
Viggiano was accused of passing tips on eight planned corporate mergers and partnerships between 2021 and 2023 to college friend Stephen Forlano and construction sales representative Christopher Salamone, a childhood neighbor.
Prosecutors said the scheme resulted in more than $400,000 of illegal profits for Salamone and Forlano, both of whom have also pleaded guilty,
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