Mathew martoma biography

Martoma is set to start 9-Yr. prison term in November.

By The American Bazaar Staff

NEW YORK: A federal judge here rejected former SAC Capital Advisors LP portfolio manager Mathew Martoma’s appeal for bail, as he fights to ward off a 9-year prison sentence after being convicted for perpetrating the most lucrative insider-trading scheme in U.S. history.

Martoma, 40, is scheduled to begin his prison sentence on November 10. U.S. District Judge Paul Gardephe in Manhattan, who presided over the trial, said on Tuesday the former hedge fund manager failed to show any substantial grounds for reversal of his conviction on two counts of securities fraud and one count of conspiracy, reported BloombergBusinessweek.

Martoma’s lawyers had argued his appeal would raise “several close questions” including whether evidence in his favor was improperly excluded and his sentence was “unreasonable.” Martoma had also asked Gardephe to delay his surrender date to prison.

Gardephe said that evidence presented after a month-long trial shows Martoma engaged in an insider-trading scheme

Mathew Martoma Age, Birthday, Zodiac Sign and Birth Chart

Mathew Martoma, born Ajai Mathew Mariamdani Thomas on May 18, 1974, is a former American hedge fund trader known for being a portfolio manager at S.A.C. Capital Advisors. He was implicated in one of the largest insider trading cases in history, with alleged profits of $276 million. Convicted by jury, he began serving a nine-year prison sentence in November 2014, specifically at FCI Miami, and was released early on July 19, 2021.

Zodiac Sign (Western)

Taurus

Sunsign, Tropical Zodiac

Zodiac Sign (Vedic)

Pisces

Moonsign, Sidereal Zodiac

Place of Birth

Michigan

Time Zone -

Chinese Zodiac Sign

Tiger (虎)

Name Number (Chaldean)

48 => 3

Name Number (Pythagorean)

7


Meaning of the name - Mathew

gift of God

Read Full Mathew Name Analysis

May 18, 1974 Facts

Generation Group

Mathew Martoma belongs to the Generation X group.


Place of Birth: Michigan

Educated At: Merritt Island High School | Stanford Graduate School of Business | Duke University | Stanford University

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Mathew Martoma

American former hedge fund trader and criminal

Mathew Martoma (born May 18, 1974, as Ajai Mathew Mariamdani Thomas)[2] is an American former hedge fund trader. As a portfolio manager at S.A.C. Capital Advisors, he was accused of generating possibly the largest single insider trading transaction profit in history at a value of $276 million. A jury convicted him, and in November 2014 he began serving a nine-year prison sentence. He was incarcerated at FCI Miami as inmate 01138-104, and released early on 19 July 2021.

Early life

Martoma was born in Michigan and grew up in Merritt Island, Florida. His mother, Lizzie, is a doctor and his father, Bobby (formerly Cochukattil Thomas),[3][4] owns a dry cleaning and laundry company. Both are immigrants from India.[2]

He graduated from Merritt Island High School in 1992.[5] He graduated from Duke University and then attended Harvard Law School but was expelled in 1999[6] for grade manipulation and dishonesty.[2] He had used computer softw

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