Jump to content

25 years jail sentence to telugu techie


Recommended Posts

Posted
Trial evidence demonstrated that the Palo Alto Networks employee traded on that confidential information himself in nominee accounts and also provided Barama with the information along with trading instructions.
 
He used confidential financial information and trading instructions to purchase Palo Alto Networks stock options.
 
Once the company publicly announced its earnings for a prior quarter, the stock price reacted to the public disclosure and Barama’s earlier option trades promptly became highly profitable, according to a statement issued by the attorney's office.
 
 
With the help of the information, Barama’s trades helped him earn profits more than five times the amount he had invested, it said.
 
Barama ultimately made profits of USD 7.3 million on his options trades based on confidential information obtained ahead of four different Palo Alto Networks earnings announcements, it said.
 
He now faces a maximum statutory sentence of 25 years in prison
Posted

The kingpin of the scam is said to be Janardhan Nelluru (42), who worked as the IT administrator of Polo Alto Networks. His friends Ganapathi KundhaRaju, Sivanarayana Barama, Sabir Hussain and Prasad Mallepalli were also involved in the scam.

  • Upvote 1
Posted

Twilio issue ainaka kuda malli chesara me mohal manda

  • Haha 1
Posted
10 minutes ago, Spartan said:

Twilio issue ainaka kuda malli chesara me mohal manda

Twillo chesindi kuda vellena?

Posted
2 minutes ago, trent said:

Twillo chesindi kuda vellena?

What's twillo issue bro 

Posted
3 minutes ago, DuvvaAbbulu said:

What's twillo issue bro 

Same like above did. But only 400-500k profits I think

Posted
10 minutes ago, trent said:

Twillo chesindi kuda vellena?

nope twilio employees vere

these are palo alto guys

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...