Ivan Boesky | |
---|---|
Born | Ivan Frederick Boesky March 6, 1937 Detroit, Michigan, U.S. |
Died | May 20, 2024 La Jolla, California, U.S. | (aged 87)
Alma mater | Michigan State University |
Occupation | Stock trader |
Known for | Insider trading scandal |
Spouse(s) |
Seema Silberstein
(m. 1962; div. 1991)Ana Boesky |
Children | 5 |
Criminal status | Released |
Conviction(s) | Insider trading (1986) |
Criminal penalty | 3.5 years incarceration, $100 million fine, prohibition on future work with securities |
Imprisoned at | Federal Correctional Institution, Lompoc (1987–1990) |
Ivan Frederick Boesky (/ˈboʊski/;[1] March 6, 1937 – May 20, 2024) was an American stock trader known for his prominent role in an insider trading scandal in the mid-1980s.[2] He pleaded guilty, was fined a record $100 million, served three years in prison, and became a government informant.