Anil Kumar Mckinsey

Anil Kumar, who cooperated with the prosecution, was also ordered to pay a $ 25,000 fine and forfeit $ 2.26 million.

In court documents submitted on Monday, prosecutors said that they want to offer as evidence an April 3, 2008, email from former McKinsey executive Anil Kumar to Rajat Gupta to demonstrate the "close" relationship between Rajat Gupta and Raj Rajaratnam, particularly the "mutual trust" between them.

As Raj Rajaratnam and Anil Kumar, a McKinsey consultant, walked out of a fund-raiser in Manhattan, Mr. Rajaratnam pulled his old friend aside and made him an offer: would Mr. Kumar provide him with insights for $500,000 a year?"You have such good knowledge that is worth a lot of money to me," he said, according to Mr. Kumar.Mr. Kumar faced an agoni...

Indian-American Anil Kumar, former director of consulting firm McKinsey, has pleaded guilty to fraud charges in the largest insider trading case in US history.

Anil Kumar, who cooperated with the prosecution, was also ordered to pay a $ 25,000 fine and forfeit $ 2.26 million.

In court documents submitted on Monday, prosecutors said that they want to offer as evidence an April 3, 2008, email from former McKinsey executive Anil Kumar to Rajat Gupta to demonstrate the "close" relationship between Rajat Gupta and Raj Rajaratnam, particularly the "mutual trust" between them.

As Raj Rajaratnam and Anil Kumar, a McKinsey consultant, walked out of a fund-raiser in Manhattan, Mr. Rajaratnam pulled his old friend aside and made him an offer: would Mr. Kumar provide him with insights for $500,000 a year?"You have such good knowledge that is worth a lot of money to me," he said, according to Mr. Kumar.Mr. Kumar faced an agoni...

Indian-American Anil Kumar, former director of consulting firm McKinsey, has pleaded guilty to fraud charges in the largest insider trading case in US history.