Economics

Rifat Jailed For Insider Trading

Rifat jailed for insider trading

The disgraced former hedge fund manager Julian Rifat was yesterday sentenced to 19 months in jail for taking part in a £285,000 insider trading scandal. Rifat, who worked at Moore Capital, will also have to pay £260,000 in fines and costs after admitting to passing on information about eight companies, including Barclays and Volkswagen, to an…