2023-12-20
First person convicted of insider trading in history of State fined £60k
Stage: Sentence
Outcome: Photo: Collins) The first person to be convicted of insider trading in the history of the State, who used his "entire retirement nest-egg" to buy back stocks he knew would be discounted, has been fined £60,000 sterling at Dublin Circuit Criminal Court.; She set a headline sentence of two and a half years but said that with mitigation, 18 months would be an appropriate sentence but that she will review this and adjourned finalisation until next February 19.