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Feds raid alleged Chinese 'birth tourism' operations in California

Raj Rajaratnam

Not since the mid-1980s has an insider-trading scandal grabbed such widespread attention. Wiretap evidence had Rajaratnam, a Sri Lanka-born hedge fund manager, chatting with insiders about trading in companies such as eBay, Intel and Goldman Sachs. He was convicted of conspiracy and securities...

Reuters/Brendan McDermid
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