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Lawsuit: Inmate tried to buy influence in prison
Lawsuit alleges convicted hedge-fund founder tried to buy influence in federal prison
Associated Press
2014-07-02 11:42 PM

NEW HAVEN, Connecticut (AP) -- A former driver for an imprisoned hedge-fund founder says he was asked to help funnel money from his former boss to other inmates at a federal prison in Massachusetts.

The allegations are contained in a lawsuit filed June 20 by the driver, Peter Malaszuk, against Raj Rajaratnam in U.S. District Court.

Rajaratnam, the Sri Lankan-born founder of the Galleon Group, is serving an 11-year sentence for insider trading at a minimum-security facility in Massachusetts.

Malaszuk alleges Rajaratnam gave him names and contact information for the family members of inmates who were to receive money. He says the cash was meant to secure special treatment in prison for Rajaratnam.

Terence Lynam, Rajaratnam's attorney, says the allegations are false and part of an effort to extort money.

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