Goldman Insider Trader Gets 3 Years in ‘Squash Buddies’ Case
- Brijesh Goel was convicted of insider trading, obstruction
- Judge says that Goel lied ‘again and again’ on witness stand
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Former Goldman Sachs Group Inc. investment banker Brijesh Goel was ordered to spend three years in prison for passing confidential deal information to a close friend and squash partner who traded on it.
Goel, 39, was sentenced Wednesday in Manhattan by US District Judge P. Kevin Castel. The former Goldman vice president was found guilty of insider trading and obstruction by a federal jury in June, following a roughly weeklong trial. Castel ordered Goel to surrender into custody on Jan. 9.