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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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