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Rajat Gupta Begins Serving Two-Year Insider Trading Sentence

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Former Goldman Sachs Director Rajat Gupta
Rajat Gupta, former Goldman Sachs Group Inc. director, center, exits federal court after being sentenced for insider trading in New York, on Oct. 24, 2012. Photographer: Victor J. Blue/Bloomberg

June 17 (Bloomberg) -- Former Goldman Sachs Group Inc. director Rajat Gupta, convicted of insider trading in connection with a scheme masterminded by Galleon Group LLC hedge fund co-founder Raj Rajaratnam, began serving his two-year sentence at the federal prison where Rajaratnam is confined.

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To contact the reporter on this story: Bob Van Voris in federal court in Manhattan at rvanvoris@bloomberg.net

To contact the editor responsible for this story: Joe Schneider at jschneider5@bloomberg.net

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