Rajat Gupta, the former Goldman Sachs Group director convicted in a 2012 insider trading scheme tied to the Galleon Group LLC hedge fund, agreed to surrender to prison authorities on June 17 to begin a two-year sentence, a federal judge in Manhattan said. Gupta, 65, lost a bid for a new trial last month, when a three-judge appeals panel upheld his conviction. U.S. District Judge Jed Rakoff said in an order made public today that Gupta and prosecutors consented to the surrender date. [Bloomberg]

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  1. Posted by guest | April 17, 2014 at 4:06 PM

    heard Raj Raj has some slippers waiting for him.

  2. Posted by Lompoc FIC trustee | April 17, 2014 at 5:20 PM

    Hey, whaddya know June 17th is poppadom day in the Indian wing.

  3. Posted by CurryCore | April 17, 2014 at 11:29 PM

    Big Uncle Raj has extra curry lube ready for martoma and rajat