The Most Scandalous White-Collar Cases Of 2009 (PHOTOS)

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Huffington Post   |  Mallika Rao
First Posted: 11- 5-09 01:09 PM   |   Updated: 11-11-09 04:20 PM

Bernie Madoff is only one of the white-collar offenders exposed this year for bilking the country out of millions. Whether stealing from dying family members or taxpayers, plenty of big wigs managed to land themselves in fancy prisons for decades to come. Though some of the execs we've compiled below have yet to have their cases resolved, its still been a banner year for white-collar charges. Click through and vote for 2009's most egregious high-flying white-collar cases.


Raj Rajaratnam
 
The richest Sri Lankan-born person in the world and founder of the $7 billion Galleon Group hedge fund, billionaire Raj Rajarathnam and five others were arrested in October 2009 as part of what police say is the largest insider trading hedge fund ring ever charged, for stealing funds around $20 million. His bond was set to 10 times that of Bernard Madoff’s, at $100 million, for fear that Rajarathnam might flee to Sri Lanka; he paid it by offering his pricey Manhattan apartment as security.