Posted inLocal News

Twilight time for Twilio trader: Insider info nets Fremont man $130K fine and jail time

A Fremont man will go to prison for using confidential data from a relative at Twilio Inc. to trade company securities and pocket $550,000 in profit, federal prosecutors said Friday. Dileep Kumar Reddy Kamujula was sentenced to six months behind bars and ordered to forfeit $130,369, according to a statement from the U.S. Attorney’s Office […]

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