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Wife of Inside Trader Gets $90,000 Over FBI Eavesdropping

  • Villamia Drimal sued FBI for listening in on ‘intimate’ talks
  • Galleon’s Craig Drimal was sentenced to 5 1/2 years in prison

The U.S. government agreed to pay $90,000 to the wife of a convicted inside trader who sued Federal Bureau of Investigation agents claiming they unlawfully eavesdropped on intimate conversations with her husband.

In a settlement agreement obtained by Bloomberg News under the Freedom of Information Act, Arlene Villamia Drimal, wife of former Galleon Group LLC trader Craig Drimal, agreed to drop her lawsuit. The federal government denied any wrongdoing and said it settled to avoid the expenses and risks of further litigation.