LONDON (Reuters) -A former Janus Henderson analyst was on Thursday found guilty of using confidential information on companies including Daimler, Jet2 and THG to make nearly 1 million pounds ($1.3
Former Janus Henderson Analyst Convicted of Insider Trading in UK
LONDON (Reuters) -A former Janus Henderson analyst was on Thursday found guilty of using confidential information on companies including Daimler, Jet2 and THG to make nearly 1 million pounds ($1.3 million) after a London court trial.
Redinel Korfuzi, 38, was accused of using information he accessed through his job as a research analyst at the asset manager to trade using accounts held by his sister Oerta Korfuzi, 36, and two other co-defendants.
The siblings stood trial at Southwark Crown Court with Redinel Korfuzi's personal trainer Rogerio de Aquino, 63, and de Aquino's partner Dema Almeziad, 40, who prosecutors said were "secret proxies" for the insider trading.
The four were each charged with conspiracy to commit insider dealing and money laundering between January 2019 and March 2021, with prosecutors alleging they used lockdown restrictions imposed from March 2020 to carry out the criminal trades.
Redinel and Oerta Korfuzi were each convicted of both charges by a jury, while de Aquino and Almeziad were cleared of both charges.
(Reporting by Sam Tobin; editing by William James)
