Securities Analyst Swaps Cell for Halfway House After Insider Scandal

Prison Bars

Danielle Chiesi, the 47-year-old securities analyst who pleaded guilty to securities fraud in the biggest U.S. insider-trading crackdown, is back in town.

Bloomberg reports that Chiesi, who did a 15-month stint at a West Virginia prison camp for passing illegal stock tips to hedge-fund manager Raj Rajaratnam, returned in January to New York City and has been living at a federal halfway house in the north Bronx.

'It’s good to be back', a svelte Danielle Chiesi, wearing a white sleeveless peplum top, jeans and pink and white scarf, said May 16 as she left a residence she shares with other newly freed prisoners. 'I feel good. I feel great'.

Chiesi, giving her first post-prison interview, is one of more than 70 stock traders, analysts, lawyers and executives who have been convicted of insider trading since August 2009.

The former teenage beauty queen, who once showed up at technology conferences wearing form-fitting clothes and low-cut tops, is among the most flamboyant defendants to be ensnared in the sweeping federal crackdown.

Hit the link below to access the complete Bloomberg article:

Chiesi Swaps Cell for Halfway House After Insider Scandal

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