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

Nate Silver Says He Suspects Trump Could Leave the White House Early

Election analyst Nate Silver has suggested that Donald Trump could leave office…

Andrew Sachs’ granddaughter calls Russell Brand a ‘sex addict’

Russell Brand is “a seriously unwell sex addict”, according to Georgina Baillie,…

Holocaust survivor Eva Geller dies in Bondi terror attack, toll at 16

Eva Geller, a 90-year-old Holocaust survivor who suffered critical injuries in the…

Thomas Markle Complaint Uncovers Two Additional Los Angeles Storage Units

The FBI has found photographs allegedly showing Thomas Markle sexually abusing children…

Childminder Jailed After Leaving 27 Children Home Alone

A childminder who admitted deliberately neglecting and abandoning children in her care…

Retired Montana Car Dealer Wants to Buy an ‘Eternal’ Cruise Ship

A former Montana car dealer who sailed aboard the ill-fated “never-ending cruise”…

Veteran LAPD Officer Dies in Huntington Beach Dive Training

A veteran Los Angeles Police Department officer assigned to an elite tactical…

NYC 11-Year-Old Recalls Shoving Man Who Tried to Kidnap Her

An 11-year-old Bronx girl who fought off an alleged kidnapping attempt this…

Top Republican Raises Doubts Over Pete Hegseth’s Future

Secretary of War Pete Hegseth is facing growing scrutiny from normally loyal…

Jessica Simpson Reveals Sexual Awakening With Nashville Boytoy

A little over a year ago, Jessica Simpson openly hinted that she…

UConn Coach Dan Hurley Erupts at Officials in Hilarious Mix-Up

Seven months after UConn fell to Florida in the national championship game…

Trump Blames Democrats for US Stock Market Plunge After GOP Midterm Losses

President Trump blamed the Democrats’ sweeping election gains for Thursday’s historic stock-market…