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Robert Moffat, the former International Business Machines Corp. executive who pleaded guilty in the Galleon Group LLC insider-trading scheme, said accused tipster Danielle Chiesi “played him” to obtain tips.
Moffat, 54, who pleaded guilty to securities fraud and conspiracy in March, made the claim in court papers seeking leniency when he’s sentenced Sept. 13. Moffat claimed he had an “intimate relationship” with Chiesi, 44, a former executive at New York-based New Castle Funds LLC who was arrested along with Galleon Group co-founder Raj Rajaratnam.