The FBI has arrested another person in the ongoing investigation into the sharing of insider information with investors by consultants working for so-called expert firms.
The latest to be arrested is Winifred Jiau, 43, of Fremont, Calif. Like others charged or arrested on December 16, she has ties to Primary Global Research. She's accused of providing inside information to Primary Global clients who were portfolio managers at hedge funds of Nvidia and Marvell Technology during a period from 2006 to 2008. Prosecutors say she collected $200,000 during that time. She's facing charges of conspiracy and securities fraud. … Read more