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White collar crook Rajaratnam fined record $92.8 million

From money.cnn.com

The Securities and Exchange Commission fined Raj Rajaratnam, the former hedge fund manager recently convicted of insider trading, nearly $93 million on Monday. The civil penalty of $92,805,705 is the highest fine the SEC has ever levied against an individual. The white collar criminal has also been fined $10 million and is ordered for forfeit his ill-gotten gains of $53.8 million. Altogether, that adds up to about $156.6 million. The Galleon Group founder is a wealthy man, but he's been ordered to pay the $92.8 million civil penalty within 14 days. His lawyer, Terence Lynam, was not immediately available to say ... (full story)

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