Ex-Goldman Sachs Banker Bansal Gets Probation Over Fed Leak

  • Bansal pleaded guilty to getting documents from friend at Fed
  • Prosecutors had sought a sentence of as long as a year
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An ex-Goldman Sachs Group Inc. banker who got a former colleague to steal documents from the Federal Reserve Bank of New York was sentenced to two years’ probation after a judge said he’d already been punished enough by having his reputation trashed on the Internet.

Rohit Bansal, who prosecutors said should get as long as a year in prison, pleaded guilty last year to a misdemeanor for obtaining about 35 documents on about 20 occasions from his friend Jason Gross, who was employed at the New York Fed. The case was first disclosed in a settlement last year between New York-based Goldman Sachs and the New York Department of Financial Services.