Hedge Fund Lawyer: Some Galleon Wiretaps Are Private

Posted at February 22, 2011

A US federal Judge has asked to see a transcript of 18 spousal conversations in the case against Craig Drimal, a trader for the Galleon Group of hedge funds, The Las Vegas Sun reports.

Federal agents were eavesdropping on the couple, it was revealed, intercepting 164 calls between Drimal and his wife during two months in late 2007 and early 2008. The hedge fund trader’s defense lawyer complained the calls were of an “intensely personal nature,” and is asking the judge to leave the recordings out of the trial.

“In court documents that were recently unsealed with redactions, many of the intercepted spousal calls were of a profoundly personal nature, and yet agents continued to listen to them far in excess of the time necessary to determine that they were spousal calls.” The defense said.

The defense has also accused the government of a “cavalier disregard for marital privacy, (the agents) intercepted 330 calls between Drimal and family members, including his three children, his siblings and his in-laws.” The Judge said it was unlikely he would exclude the wiretap evidence against Drimal from the trial.

Drimal, who has pleaded not guilty, is scheduled to go on trial in May on suspicion of securities fraud charges.

In order to curtail federal wiretapping, hedge fund managers have begun hiring security firms “to comb their offices and homes for listening devices.” Bloomberg reported today.

Galleon Capital Management

If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

  • http://www.pessinlaw.com/miami-car-accident-lawyer/ Miami Car Accident Lawyer

    The hedge-fund titan, founder of the Galleon Group, quickly hired a lawyer with a track record of going for the jugular: John Dowd. On Tuesday, Mr. Rajaratnam and his lawyer will get their showdown, in a jury trial that will be among

  • http://www.facebook.com/people/Jeanalyn-McWhite/100000490324136 Jeanalyn McWhite

    Hi ntheren, nvery ngoodn day. nYou nhaven ngarneredn na nbrand nnewn nenthusiastn. nnPleasen nnalways nmaintainn the ngreat nntasknn nnpopping nupn and I nhuntn nnaheadn nto nmoren nof your nreally ngoodn ndiscussionsn. nnHaven na npleasantn nnmomentn! Accident Attorney In Fort Lauderdale Fl | Accident Attorney Fort Lauderdale, Fl

  • http://pulse.yahoo.com/_3X7UV5KMJJQDDR4ADDNRVSDXM4 Manny Swifth

    This is also evident in the certificate of witnesses and investigators, the first defendant to the victims affected by the professional valuesu200bu200b, religious and political.Lawyer Kent.

  • http://pulse.yahoo.com/_3X7UV5KMJJQDDR4ADDNRVSDXM4 Manny Swifth

    We are a group of volunteers and starting a new scheme in our community. Your site offered us with valuable information to work on. You have done an impressive job and our entire community will be grateful to you.Personal Injury Lawyer Kent

  • http://pulse.yahoo.com/_O24HFCJBE7VTBBNITJUVTHZZBM Vinsone

    I want the some information regarding to the Auto accident lawyer because a fewndays i am injured in a Auto accident and want the injury clam so ifu00a0nanybody suggest me the best things so i really thankful.n————————————-nIndiana Auto Injury Lawyer

blog comments powered by Disqus