Who is anil kumar mckinsey

Log out. US Markets Loading H M S In the news. Katya Wachtel. Sign up for notifications from Insider! Stay up to date with what you want to know. I tried to show him I had more information about AMD and other companies and committed a crime," Kumar said in his testimony. In a telephone conversation between Gupta and Rajaratnam, the hedge fund founder says that he is giving Kumar "a million dollars a year for doing literally nothing. In his testimony earlier this week, Kumar termed Gupta as a "calm" man who did not easily get "ruffled.

Gupta had visited Kumar at his home and had complained that Rajaratnam was being "evasive" and not answering his questions or explaining about how he lost the money. Gupta had described Rajaratnam's conduct as "dropping the ball" and was upset with him for not managing his money well. Kumar said Gupta told him that he had enough evidence to sue Rajaratnam and believed that the Galleon founder had taken the money behind Gupta's back for his own benefit. Kumar, who worked at McKinsey from to November , pleaded guilty in January to one count each of conspiracy and securities fraud.

I strayed from my core beliefs that I stood for my entire life. Rajaratnam is serving an year prison sentence at a federal facility in Massachusetts. Gupta is scheduled for sentencing in October. Under the statutes, Kumar faced as long as five years in prison for conspiracy and 20 years for securities fraud. Kumar testified in June that Gupta approached him in saying he wanted to start an investment fund after his scheduled retirement from McKinsey in The case is U.

Well, maybe not until now. Perhaps a little bit of history is in order in this case. Kumar, who was arrested with a number of other executives earlier today in the same insider trading scandal, was no typical consulting partner.

As mentioned above, he was a leader and innovator in the area of knowledge process outsourcing.