Rajaratnam Words Prove Guilt, U.S. Says at Trial’s End

Former hedge-fund manager Rengan Rajaratnam’s own words prove he conspired with his brother, imprisoned Galleon Group LLC co-founder Raj Rajaratnam, to commit insider trading, a prosecutor told jurors on the eve of deliberations.

Assistant U.S. Attorney Randall Jackson today cited secretly recorded calls between the two brothers in which Rengan refers to an alleged supplier of inside information as a “scumbag” and says the tipper was “a little bit dirty” as evidence of their scheme to milk sources for illegal information.