A U.S. District Judge fixed Mallu criminal Mathew Martoma’s sentencing for June 10, 2014 at 10AM.
Last week, a New York city jury found 39-year-old Martoma guilty of insider trading.
The jury convicted Martoma on two counts of securities fraud and one count of conspiracy.
Mathew Martoma is appealing the verdict.
Length of Prison Term
The length of Martoma’s sentence, and possibly where the crook will be imprisoned, will be determined on June 10.
If you’re desperate to attend Martoma’s sentencing, be at Courtroom 705 of the Thurgood Marshall U.S. Courthouse, 40 Foley Square, New York, NY at 10AM on June 10, 2014.
Martoma is expected to get a prison sentence of a least 10 years although he faces a theoretical maximum term of 45 years.
Judge Paul G. Gardephe of the U.S. District Court for the Southern District Court of New York passed the order on Martoma’s sentencing February 7, 2014.
Any submissions by Martoma on his sentencing is due by May 13 and the government’s response by May 27, 2014.
Judge Gardephe also ordered the Probation Department to prepare a pre-sentencing investigation report on Martoma.
The pre-sentencing report will recommend the sentence to the judge after interviewing Martoma.
If Martoma feels the sentencing report and the prosecutor are recommending a harsh sentence, he can request a mitigation hearing.
This development is not only a slap on the faces of pseudo seculars in this country but also on US administration. After all this has to happen one or the other day,it was inevitable for US .At last the US has seen the writing on the wall. This is a welcome sign. Narendra Modi stood his stand on this issue for 9 long years.He knew that US has to come around on this Visa issue .Soon decks will be cleared for Mod i visit to US. There will be electrifying atmosphere in US among the expatriates who are waiting for his visit. I feel this might happen before the election.
So far AK had grabbed the front page headlines, but when US is involved, automatically this is front page headlines today!