(Reuters) – The man of a former Amazon.com Inc. chief financial officer who leaked confidential information about the online retailer's financial results pleaded guilty on Thursday to an insider trading charge, the US Department of Justice said.
Prosecutors said Viky Bohra, 36, from Bothell, Washington, pleaded guilty to securities fraud and admitted that from 2015 to 2018 he used tips from his wife Laksha to make $ 1.43 million in illegal profit trading in the Amazon.
Authorities said Laksha Bohra had used his job as senior manager of Amazon's tax department to give tips, despite repeated warnings against leaking confidential information. to him and his father, Gotham Bohra, authorities said.
A lawyer for Viky Bohra had no immediate comment.
According to a basic agreement, prosecutors will recommend repairs that Viky Bohra may not serve more than 33 months in prison and agreed that Laksha Bohra will not face criminal charges.
Viky Bohra faces a February 8, 2021
Bohra's wound up related U.S. Securities and Exchange Commission civil charges in September by agreeing to lose trading profits and pay total $ 1.11 million in fines. Catalog