No Jail Time for Cooperating Witness in Galleon Case – NYTimes.com

No Jail Time for Cooperating Witness in Galleon Case – NYTimes.com.

Nader Nazemi-Anil Kumar

Anil Kumar, right, with his lawyer Thursday outside court in Manhattan after being sentenced for insider trading.

Cooperate and you and you are off the hook ? Interesting.

Anil Kumar has been the consummate cooperator. Over the last two years, he detailed an illicit scheme with a billionaire hedge fund titan, decoded secretly recorded conversations and gave stunning performances in two of the largest insider trading cases in history.

The government thanked him by letting him off with no jail time.
On Thursday, Mr. Kumar, a former top partner at the prestigious consulting firm McKinsey & Company, was sentenced to two years of probation for insider trading. He will have to repay more than $2 million in ill-gotten gains.
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