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Galleon Case Ushers in Wiretaps for Financial Crimes

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"U.S. prosecutors who used wiretaps to make their insider trading case against billionaire Raj Rajaratnam, founder of hedge fund firm Galleon Group, said they will use similar tactics to fight future crimes on Wall Street," according to Bloomberg. The Galleon prosecution is the first time wiretaps have been used to target insider trading.
SOURCE:   Bloomberg

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