Goldman Sachs Insider
Trader Gets 28 Months as Viggiano
Shows 2004 Song with Mellencamp
by
Matthew Russell Lee, Patreon Book
Substack
SDNY
COURTHOUSE,
July 17 – Anthony Viggiano was
indicted for insider trading
while at Goldman Sachs, and
Blackstone before that. On
January 11, 2024 he pleaded
guilty, and was up for
sentencing on July 17 before
U.S. District Court for the
Southern District of New York
Judge Valerie E. Caproni.
Inner City Press was there -
thread:
Defense counsel
says he was injured in Marines
boot camp.
Viggiano: I will
go back to my school and speak
about insider trading. I'd
still like to be a
Marine.
Judge Caproni:
Your father was unfaithful
with a neighbor on Long
Island. It must have been
tough. You went to Univerity
of Tampa and KPMG then
Blackstone, not a good fit -
then Goldman Sachs. You tipped
your friends using Xbox, to
trade options.
Judge Caproni:
You bragged you could do a
year in jail, no problem. This
must be deterred. Michael
Milken is back in finance. The
defense asks for a year and a
day. I don't think that's
enough. I sentence you to 28
months in prison.
Viggiano's
sentencing submission, asking
for a year and a day which
would have allowed "good time"
credit, included an article
from 2004 about him singing,
as a third grader, with "star
rocker John
Mellencamp."
Afterward, Judge
Caproni asked if the defense
had any request for
designation, where to serve
the time. That will come in
the next 24 hours.
Judge Caproni
noted that the cut off to join
the Marines is 28 and Viggiano
will miss it. There are, she
noted, other branches of the
U.S. military. We'll see.
The case is US v.
Viggiano, 23-cr-497 (Caproni)
***
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