Sunday, February 8, 2026
ADVT 
International

Former Goldman Sachs Director Rajat Gupta To Finish Sentence At New York Home

IANS, 21 Jan, 2016 11:30 AM
    Goldman Sachs Group's former Indian American director Rajat Gupta, freed early after serving 19 months in federal prison, will have to stay at home until March with an ankle bracelet, according to a media report.
     
    Gupta, convicted in June 2012 for leaking tips to hedge fund billionaire Raj Rajaratnam, was released on January 5 from Federal Medical Centre Devens, a federal correctional facility in Ayer, Massachusetts, 64 km from Boston.
     
    But even after release from Devens, he will remain a federal inmate until March 13, confined to his apartment in Manhattan's Century building in New York and required to wear an ankle bracelet that monitors his movements, according to the New York Times.
     
    Gupta, who began a two-year sentence for securities fraud a year and a half ago, applied last year to corrections officers for an early discharge from Devens.
     
    Under the Second Chance Act, the Bureau of Prisons is authorised to send an inmate to what is called community confinement for re-entry purposes, the Times said.
     
    Under the rules governing home confinement, Gupta can go to work, visit a doctor's office or attend religious services, Joel Sickler, the founder of the Justice Advocacy Group, a company that advises inmates on prison stays, was quoted as saying.
     
    "With permission, you can go shopping or get a haircut," he said.
     
    When Gupta was assigned to Devens, he was sent to the facility's minimum security camp which houses 124 inmates, the Times said.
     
    The camp is separate from the main prison where Rajaratnam is serving an 11-year sentence for insider trading. Inmates in the camp do not come in contact with prisoners in the main compound.
     
    But last summer, Gupta, 67, was transferred to the main compound, which houses 1,046 inmates and offers medical facilities.
     
    In April 2015, he was sent to the prison's Special Housing Unit for having an unauthorised item: an extra pillow.
     
    Gupta had grabbed the extra pillow, as many inmates do, to help ease a bad back. "Rajat ended up finding the medical centre more to his liking than the camp," Sickler was quoted as saying.
     
    "They didn't nitpick so much." He was also afforded a greater degree of privacy in the main compound, where inmates are housed in cells, rather than in open barracks.

    MORE International ARTICLES

    New Building Code, El Nino Put Off Plans For US Gurdwara

    New Building Code, El Nino Put Off Plans For US Gurdwara
    The Guru Nanak Sikh Society is looking after legal and construction issues of the gurdwara.

    New Building Code, El Nino Put Off Plans For US Gurdwara

    Paris Attacks: Photo Depicting Indo-Canadian Veerender Jubbal As Terrorist Condemned

    Paris Attacks: Photo Depicting Indo-Canadian Veerender Jubbal As Terrorist Condemned
    Jubbal's doctored photograph showed him wearing a suicide bomb vest and the iPad in the photograph was changed to look like a Quran.

    Paris Attacks: Photo Depicting Indo-Canadian Veerender Jubbal As Terrorist Condemned

    7 Indians Feature In BBC’s List Of 100 Most Aspirational Women

    It's all about Indian girl power all the way! Making a mark on the global map, seven Indian celebrated personalities including singer Asha Bhosle, tennis star Sania Mirza and veteran actress Kamini Kaushal have made it to BBC’s list of 100 most aspirational women.

    7 Indians Feature In BBC’s List Of 100 Most Aspirational Women

    Former Utah Lawmaker Jackie Biskupski Becomes First Openly Gay Mayor Of Salt Lake City

    Former Utah Lawmaker Jackie Biskupski Becomes First Openly Gay Mayor Of Salt Lake City
    The victory by Biskupski marked another milestone for LGBT people in Utah who have made major strides in recent years.

    Former Utah Lawmaker Jackie Biskupski Becomes First Openly Gay Mayor Of Salt Lake City

    Seabourn To Launch Luxury Vancouver-Alaska Cruises Starting In 2017 At US$7,999

    Seabourn To Launch Luxury Vancouver-Alaska Cruises Starting In 2017 At US$7,999
    Seabourn, a brand of Carnival Corp., said rates for an 11-day sailing in June 2017 from Vancouver to Anchorage aboard the Seabourn Sojourn will start at US$7,999.

    Seabourn To Launch Luxury Vancouver-Alaska Cruises Starting In 2017 At US$7,999

    Paris Terror Plot Mastermind Abdelhamid Abaaoud 'Is DEAD'

    Paris Terror Plot Mastermind Abdelhamid Abaaoud 'Is DEAD'
    The 27-year-old Belgian jihadi leader is said to have been killed by French commandos when a flat was raided in the early hours of this morning.

    Paris Terror Plot Mastermind Abdelhamid Abaaoud 'Is DEAD'