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Goldman Sachs Vice President Charged

2018-06-01 2 Dailymotion

Charges have been filed by federal prosecutors<br />that a vice president at Goldman Sachs was making more than $130,000<br />through illegal trades using inside information about companies advised by the investment bank.<br />Woojae Jung, a 37-year old South Korean citizen, used confidential information<br />to trade in companies such as W.R. Grace & Co and Foresight Energy LP<br />Prosecutors said Jung engaged in those trades through<br />a brokerage account in the name of a friend living in South Korea. <br />

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