Imprisoned Rajaratnam lives like king, fired worker says

HARTFORD, Conn. – Raj Rajaratnam’s limousine driver sued the imprisoned inside trader, claiming Rajaratnam demanded from prison that the driver assist him in criminal activities, and fired him for refusing.
Peter Malaszuk sued Rajaratnam, his wife Asha Pablo, and the new company she formed, Synamon Management Group, in Federal Court, on June 20. He seeks punitive damages for whistleblower violations, wrongful firing, and wages and overtime wages due.
   Rajaratnam, 57, is serving an 11-year federal sentence for conspiracy and securities fraud, and was fined, civilly and criminally, more than $150 million. A billionaire, he led one of the biggest inside-trading rings in history through his Galleon Group. Since January 2013 he has been serving his time at the Federal Medical Center, Devens, in Ayer, Mass., a prison for inmates who need long-term medical or medical health care.
Malaszuk claims he worked for Rajaratnam for 15 years as a driver and caretaker of his estate in Greenwich, Conn.
“Mr. Rajaratnam and the other defendants terminated Mr. Malaszuk because Mr. Malaszuk complained about Mr. Rajaratnam’s continuous violations of federal criminal laws while Mr. Rajaratnam was serving his 11-year prison sentence,” the complaint states.

See the complete story at Courthouse New Service.



Leave a Reply

Recent Comments