The inside story of a case that illustrates the horrific perils of unchecked prosecutorial overreach, written by the man who experienced it firsthand.
Uneven Justice is the story of his bewildering and confounding prosecution by forces who, quite frankly, were looking for bigger game. When Rajaratnam refused to support the narrative that would make that happen, he and the Galleon Group became collateral damage.
A cautionary tale with implications for us all, Uneven Justice is both a riveting page-turner and an eye-opening lesson in the vagaries of justice when an unscrupulous prosecutor is calling the shots.
On October 16, 2009, Raj Rajaratnam was arrested for insider trading. Rather than plead guilty and because he strongly believed he was innocent, he went to trial. On May 11,2011, he was found guilty and sentenced to eleven years in prison. He was released in July 2019 after spending seven and a half years in prison.
Raj hopes that this book will begin a discussion on the FBI and prosecutorial misconduct that goes largely unchecked.
THE TOTAL NUMBER OF SENIOR BANK EXECUTIVES CHARGED FOR THE FINANCIAL CRISIS
Not one major senior banker
was held accountable for the 2008 global meltdown. No arrests. No searing prosecution. No jail time.
"Truth will ultimately prevail, where there is pains to bring it to light"
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Raj Rajaratnam, the respected founder of the iconic hedge fund Galleon Group, which managed $7 billion and employed 180 people in its heyday, chose to go to trial rather than concede to a false narrative concocted by ambitious prosecutors looking for a scapegoat for the 2008 financial crisis. Naively perhaps, Rajaratnam had expected to get a fair hearing in court. As an immigrant who had achieved tremendous success in his adopted country, he trusted the system. He had not anticipated prosecutorial overreach—inspired by political ambition—FBI fabrications, judicial compliance, and lies told under oath by cooperating witnesses. In the end, Rajaratnam was convicted and sentenced to eleven years in prison. He served seven and a half.
Meanwhile, not a single senior bank executive responsible for the financial crisis was even charged.