USA v. Kanodia et al
Case Number:
1:15-cr-10131
Court:
Nature of Suit:
Judge:
Firms
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August 07, 2025
Fugitive Trader's Wife Can't Pause Liquidation In $67M Fraud
The wife of a fugitive Oak Management Corp. trader cannot temporarily block a receiver's plan to liquidate frozen assets and reimburse victims who lost $67 million to her husband's fraud scheme, a Connecticut federal judge has ruled.
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July 25, 2025
Feds Sell Fugitive Trader's $7M Mansion Decade After Charges
Massachusetts federal prosecutors said Friday that they have sold a $7.5 million mansion that belonged to a fugitive trader who was charged in 2015 with funneling $67 million in assets from his employer to himself.
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April 02, 2025
SEC Wins $12.5M Judgment On Assets Tied To Fugitive Trader
The U.S. Securities and Exchange Commission can recoup a $12.5 million supplemental enrichment judgment from frozen assets tied to a fugitive trader accused of funneling $67 million from his employer Oak Management Corp. to himself, his companies and his relatives, a Connecticut federal judge has ruled.
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December 02, 2024
Funds Get $30M Payout From SEC's Fight With Fugitive Trader
A Connecticut federal judge has approved a receiver's plan to distribute $30 million to four Oak Management Corp. funds that were among the victims of a former in-house trader who spent a decade defrauding investors and misappropriating $67 million, court records show.
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December 15, 2023
SEC Rips 'Nonsensical' Bid To End Fugitive's Wife's Tax Levy
The U.S. Securities and Exchange Commission is asking a Connecticut federal judge not to lift a tax levy against the stateside-residing wife of an accused venture capital fraudster currently living in India.
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May 24, 2021
Investment Pro Who Fled U.S. To Dial Up NYC Trial From India
An investment pro wanted by federal prosecutors in Boston on insider trading charges will stand trial in New York City remotely from India starting Wednesday so that a judge can assess how much in damages he owes a former client that accuses him of stealing $11 million.
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November 19, 2019
From India, Accused Insider Trader Says He's No Fugitive
A man who left the U.S. for India after being charged with insider trading asked a Massachusetts federal judge Tuesday to reconsider a $9 million bond forfeiture, arguing that he is not, despite the judge's opinion to the contrary, a fugitive.
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November 08, 2019
Family Of Insider Trading Fugitive Must Forfeit $9M Bond
A Massachusetts federal judge on Thursday imposed a $9 million bond on the family of a venture capital executive who fled to India to escape an insider trading charge despite a plea from his wife who said the seven-figure forfeiture would leave her and her three children homeless.
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May 29, 2019
Fugitive's Wife Says $9M Forfeiture Would Put Her On Street
The wife of a venture capital executive who fled to India after being charged with insider trading asked a Massachusetts judge Wednesday to stop the forfeiture of a $9 million bond, saying she and her three children will be out on the streets with no way to pay for housing.
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February 05, 2018
1st Circ. Weighs Instructions In Insider Trading Verdict
First Circuit judges on Monday questioned the legitimacy of a securities fraud conviction of a man who claims jurors should have been informed that evidence indicating he knew trading on his wife's insider knowledge was illegal cannot, in itself, constitute guilt.