Former Mckinsey Senior Partner Anil Kumar Sentenced In Manhattan Federal Court For Illegal Insider Trading
Preet Bharara, the United States Attorney for the Southern District of New York, announced that ANIL KUMAR, a former senior partner at McKinsey & Company (“McKinsey”), was sentenced today to two years of probation and ordered to forfeit $2,260,000 for his participation in an insider trading scheme in which he provided material, nonpublic information (“Inside Information”) stolen from McKinsey and its clients to Raj Rajaratnam, the head of Galleon Group (“Galleon”), who then traded based, in part, on the Inside Information.