A former Indiana congressman has been sentenced to 22 months in prison for his insider trading conviction.
NEW YORK — A former Indiana congressman was sentenced Tuesday to 22 months in prison for his insider trading conviction for making illegal stock trades while working as a consultant and lobbyist.
The judge said Buyer’s conviction by a jury in March was not a close call because the case against him “screams guilty,” and he concluded that Buyer lied when he testified at his trial about when he learned about mergers that he profited from.
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