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