Imprisoned Billionaire Hedge Fund Founder Raj Rajaratnam Brother Regan Rajaratnam Insider Trading Trial.
Regan Rajaratnam the brother of jailed hedge fund boss Raj Rajaratnam charged with conspiring with his brother to cheat on Wall Street. Rengan Rajaratnam, 42, of Manhattan, was charged with conspiracy to commit securities fraud and six counts of securities fraud. He was not immediately arrested. His brother, Raj Rajaratnam, is serving an 11-year prison sentence after he was convicted in 2011 of earning up to $75 million by swapping secrets about public companies with other hedge fund managers and friends at public companies.