Today in History: October 13, Hedge fund billionaire sentenced in insider-trading case

On This Day in History: October 13, Billionaire Hedge Fund Manager Sentenced for Insider Trading

Today is Monday, Oct. 13, the 286th day of 2025. There are 79 days left in the year.

Today in history:

On October 13, 2011, Raj Rajaratnam, a hedge fund billionaire at the heart of one of the largest insider trading scandals in American history, was sentenced to 11 years in prison by a federal judge in New York. He was released early, in 2019.

Also on this date:

In 1792, President George Washington laid the cornerstone of what would become the White House during a ceremony in the District of Columbia.

You May Also Like

King Charles Reportedly Blindsided by Meghan Markle and Prince Harry’s Move Back to Britain

King Charles is understood to have been caught off guard by news…

America’s Oldest Inmate, Given Last Meal 8 Times, Dies at 101

A Connecticut prisoner believed to have served longer than any inmate in…

21-Year-Old Army Soldier Charged With Rape of 12-Year-Old Girl

A U.S. Army soldier is facing a rape charge in Ohio involving…

Shabana Mahmood Backs Fairer Asylum Seeker Distribution

Shabana Mahmood has reinforced Andy Burnham’s call for asylum seekers to be…

Karmelo Anthony’s Lawyer Shares Personal Puberty Detail During Case

A murder trial that exposed deep racial divisions across the country came…

Angie Nixon’s Florida Senate Upset Hands DSA Breakthrough as GOP Looms

WASHINGTON — The Democratic Socialists of America notched a major breakthrough in…

Surrogate Who Refused to Abort Baby Faces New Battle Over Child’s Name

A surrogate who declined to terminate a pregnancy after the baby was…

Brooklyn Beckham Says Tattoo Tribute to Victoria Beckham Is Almost Gone

Brooklyn Beckham has shown that his once-prominent tattoo tribute to his mother,…

Fugitive Wife in Flip-Flops Seen Walking After Husband’s Murder

New surveillance video appears to show a Massachusetts woman wanted in connection…

Lawsuit Claims 6-Year-Old Girl Died After Freak Badminton Racket Accident

The family of a six-year-old girl killed in a horrifying badminton accident…

FBI Agents Seize Rep. Eric Swalwell’s Electronics at San Francisco Airport

Federal agents met Eric Swalwell at San Francisco Airport on Saturday with…

Sydney Private School Scandal Comes to Light

Three teenage boys accused of sexually assaulting a girl in Sydney over…