Former Indiana Congressman Stephen Buyer Sentenced to 22 Months in Prison for Insider Trading Schemes

Former Indiana congressman Stephen Buyer was sentenced to 22 months in prison for insider trading.
Buyer engaged in two insider trading schemes in 2018-2019 related to the Sprint/T-Mobile merger and Navigant acquisition.
Buyer made over $350,000 in illicit profits by trading on confidential information from his consulting work.
Buyer was convicted by a jury and found to have obstructed justice through false testimony at trial.
In addition to prison time, Buyer was ordered to pay over $350,000 in forfeiture and restitution.

justice.gov

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Posted 9/19/2023, 7:07:03 PM