Brijesh Goel

Goel, 38, of New York, New York, was convicted of four counts of securities fraud and one count of obstruction of justice, each of which carries a maximum sentence of 20 years in prison, and one count of conspiracy to commit securities fraud and tender offer fraud, which carries a maximum sentence of five years in prison. A friend of Goel used confidential information to trade call options, including short-dated, out-of-the-money call options, in brokerage accounts that were in the name of the friend’s brother. Goel and the friend agreed to split the profits from their trading. Between approximately 2017 and 2018, Goel tipped the friend on at least six deals in which Goldman Sachs was involved, yielding total illegal profits of approximately $280,000. Between approximately May and June 2022, Goel also obstructed investigations by a Grand Jury in the Southern District of New York and the U.S. Securities and Exchange Commission. Specifically, Goel deleted and asked the Friend to delete electronic communications regarding the insider trading scheme, including during an in-person meeting that the friend consensually recorded.