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Associate of Michael Milken, convicted felon for securities fraud
In November 1986, Ivan Boesky, a leading Wall Street arbitrageur, was sentenced to 3½ years in prison, agreed to pay a $100 million fine and has been barred for life from the securities industry to settle the insider trading charges. Boesky had begun making cash payoffs to Kidder Peabody investment banker Marin Siegel in 1982, in exchange for insider information on upcoming mergers and acquisitions deals. He spent two years of his sentence in jail. As part of his deal, Boesky also informed on other White Collar Rogues, including Michael Milken.
Updated 8 months ago
Basic Info
| Types | Person, Business Person |
| Gender | Male |