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Thursday
Jan062011

Woman Arrested, Held without Bail, in Insider Trading Case

Business Week reports that Winifred Jiau, formerly an expert networking consultant with Primary Global Research LLC, was arrested on insider trading charges in late December, and denied bail because she was deemed a flight risk. Jiau allegedly sold information about Nvidia Corp. and Marvell Technology Group to portfolio managers at three hedge funds. She was the fifth consultant arrested in U.S. Attorney Preet Bharara's crackdown on hedge fund insider trading. 

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