Ex-Goldman Analyst Found Guilty of Insider Trading and Fraud.

A former analyst at Goldman Sachs, Mohammed Zina, has been found guilty of insider trading and fraud by a London jury. Zina made approximately £140,000 ($175,780) in profit from insider trades between July 2016 and December 2017. The judge ordered Zina to be taken into custody ahead of his sentencing. Zina's brother, Suhail Zina, who was also charged, was cleared of all charges earlier this month. Zina's lawyer argued that he was not aware he was on the bank's insider list and did not know the information he had was inside information. Goldman Sachs stated that Zina's actions betrayed their trust and were in direct contradiction to their values. Prosecutors alleged that Zina used his brother's account to make profits through trades in various companies, including ARM Holdings Plc. [Extracted from the article]

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