A US Attorney in Manhattan announced charges November 24 against Don Ching Trang Chu, an employee of an expert-networking firm that supplied "market intelligence" to hedge funds. Prosecutors say the New Jersey resident was scheduled to depart for Taiwan on Sunday. November 28.
Prosecutors said his firm was based in Mountain View, California, but has offices in Manhattan. The charges apparently resulted from information developed after arrests last year in what prosecutors described as the largest hedge fund insider trading bust in history. For more on the investigation,(Source: AP. newser.com, Nov 24, 2010).