Insider Trader’s Phony Letter to Judge From Ex-Fiancee Backfires
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The letter from a former Silicon Valley Bank vice president’s one-time fiancee to the judge who was set to sentence him for insider trading made him out to be a decent guy, deserving of leniency.
While Mounir Gad was spared from prison for securities fraud in 2021, it turned out that his ex didn’t actually write the letter. Gad did — without her permission, according to federal prosecutors.