Raj Rajaratnam, the billionaire US hedge fund manager, was sentenced to 11 years in prison, one of the longest terms for insider trading on Wall Street in recent times,
The prominent financier was also ordered to pay a $10m fine, plus $53.8m in restitution, but escaped a longer prison sentence because of ill health.
Inside the packed courtroom in lower Manhattan on Thursday, Mr Rajaratnam, 54, sat between two lawyers, expressionless as the judge read the sentence.
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