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

Prince Harry Beams as He Breaks Cover Hours After UK Revelation

Prince Harry appeared in buoyant spirits as he was photographed for the…

Gayle King Criticizes Hayden Panettiere’s Mother in Candid Interview

Gayle King did not hold back in her response to Hayden Panettiere’s…

US Secretly Escorts Millions of Oil Barrels Through Strait of Hormuz in High-Stakes Operation

The US has quietly helped move millions of barrels of oil each…

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

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

LA Mayoral Race Intensifies After Karen Bass Labels Nithya Raman Lazy

The Los Angeles mayoral debate quickly turned combative when Mayor Karen Bass…

Ukrainian Woman Sees Grandson’s Body Pulled From Rubble After Strike

A grandmother’s grief as rescuers recovered her grandson’s body from the ruins…

17-Year-Old Fatally Shot Inside NYC Business as Police Investigate

A 17-year-old boy was fatally shot in the head inside a Brooklyn…

Harry and Meghan Face Soaring Costs to Keep Montecito Mansion

Prince Harry and Meghan Markle may have to consider selling their Montecito…

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…

Meghan Markle and Prince Harry Already Have New Home Lined Up

Prince Harry and Meghan Markle are said to have quietly lined up…

James Talarico’s 2023 Sermon Resurfaces: ‘God Is Not a Christian’ and Abortion Defense

WASHINGTON — James Talarico, the Texas Democrat now seeking a U.S. Senate…

Harry and Meghan’s UK Sussex Squad: Loyal Allies Revealed

A familiar cast of loyal friends, society figures and royal relatives could…