Broward News

Kahn Job: Lauderdale Woman Is Key Witness in Major Insider Trading Case



A 51-year-old Fort Lauderdale woman named Roomy Khan is prepared to testify against her former boss at Galleon, a $3 billion hedge fund ensnared in one of the nation's largest-ever insider trading cases.

But Khan will be taking quite a bit of baggage to the witness stand.

New York Times reporters found that Khan had been busted herself, based on illegal activities while working for Intel in the late 1990s, when she provided tips to a director of Galleon's hedge fund, which may have helped her land a job at Galleon only to be later fired for ethical lapses. She was convicted of fraud in 2001.

KEEP NEW TIMES BROWARD-PALM BEACH FREE... Since we started New Times Broward-Palm Beach, it has been defined as the free, independent voice of South Florida, and we'd like to keep it that way. With local media under siege, it's more important than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" program, allowing us to keep offering readers access to our incisive coverage of local news, food and culture with no paywalls.
Thomas Francis