A research scientist at Massachusetts Institute of Technology was sentenced on Friday to 15 months in prison after admitting to insider trading on a mining company merger that his wife, a corporate lawyer, had been working on. Fei Yan, 31, a native of Nanjing, China and postdoctoral associate at MIT, was sentenced by U.S. District Judge Katherine Forrest in Manhattan. He was also ordered to forfeit $119,429 of proceeds from suspicious trading.
No comments:
Post a Comment