Ivan Frederick Boesky is a former American stock trader who became infamous for his prominent role in an insider trading scandal that occurred in the United States during the mid-1980s. He was charged and pled guilty to insider trading, was fined a record $100 million, and became an informant.
|Born:||Ivan Frederick Boesky, March 6, 1937, Detroit, Michigan|
|Residence:||La Jolla, California|
|Occupation:||Former stock trader|
|Known for:||Insider trading scandal|
About Ivan Boesky
American stock trader famous for a mid-1980s Wall Street insider trading scandal.
He was granted admittance into Detroit College of Law, later Michigan State University College of Law, even though he never earned an undergraduate degree.
He had to serve 22 months in prison and pay back $100 million after being convicted of insider trading.
He founded Ivan F. Boesky & Company in 1975 with the financial support of his wife Seema Boesky.
He supported Hillary Clinton for president.