Raj Rajaratnam, the Sri Lankan-American former Hedge Fund Manager who was convicted in the US of conspiracy and securities fraud on charges of insider trading, has released his own book which he says gives the inside story of what he describes as “unchecked prosecution”.
Titled ‘Uneven Justice – The plot to sink Galleon,’ the book is number three on Amazon’s hot new releases in Criminal Law and is available for pre-order.
All proceeds from the sale of the book will be directed to charity, said Rajaratnam.
A promotional flyer on the book states: “The inside story of a case that illustrates the horrific perils of unchecked prosecutorial overreach, written by the man who experienced it first-hand.”
It said Rajaratnam, the Founder of the hedge fund Galleon Group, which managed $ 7 billion and employed 180 people in its heyday, chose to go to trial rather than concede to a false narrative concocted by ambitious prosecutors looking for a scapegoat for the 2008 financial crisis.
“Naively perhaps, Rajaratnam had expected to get a fair hearing in court. As an immigrant who had achieved tremendous success in his adopted country, he trusted the system. He had not anticipated prosecutorial overreach – inspired by political ambition – FBI fabrications, judicial compliance, and lies told under oath by cooperating witnesses. In the end, Rajaratnam was convicted and sentenced to 11 years in prison. He served seven and a half,” the flyer said.
“Meanwhile, not a single senior bank executive responsible for the financial crisis was even charged,” it added.
The flyer continued: “Uneven Justice is the story of his bewildering and confounding prosecution by forces who, quite frankly, were looking for bigger game. When Rajaratnam refused to support the narrative that would make that happen, he and the Galleon Group became collateral damage.
“A cautionary tale with implications for us all, Uneven Justice is both a riveting page-turner and an eye-opening lesson in the vagaries of justice when an unscrupulous prosecutor is calling the shots.”