Age, Biography and Wiki

Mathew Martoma (Ajai Mathew Thomas) was born on 18 May, 1974 in Michigan, United States, is a Portfolio manager. Discover Mathew Martoma's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 50 years old?

Popular As Ajai Mathew Thomas
Occupation Portfolio manager
Age 50 years old
Zodiac Sign Taurus
Born 18 May 1974
Birthday 18 May
Birthplace Michigan, U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 18 May. He is a member of famous with the age 50 years old group.

Mathew Martoma Height, Weight & Measurements

At 50 years old, Mathew Martoma height not available right now. We will update Mathew Martoma's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Mathew Martoma's Wife?

His wife is Rosemary Martoma (m. 2003)

Family
Parents Not Available
Wife Rosemary Martoma (m. 2003)
Sibling Not Available
Children Not Available

Mathew Martoma Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Mathew Martoma worth at the age of 50 years old? Mathew Martoma’s income source is mostly from being a successful . He is from United States. We have estimated Mathew Martoma's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income

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Wikipedia Mathew Martoma Wikipedia
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Timeline

2019

Mathew Martoma (born May 18, 1974, as Ajai Mathew Mariamdani Thomas) is an American former hedge fund trader. As a portfolio manager at S.A.C. Capital Advisors, he was accused of generating possibly the largest single insider trading transaction profit in history at a value of $276 million. A jury convicted him, and in November 2014 he began serving a nine-year prison sentence. He is currently incarcerated at FCI Miami ad inmate 01138-104, and scheduled for early release on 19 July 2019.

In August 2017, a divided panel of the United States Court of Appeals for the Second Circuit upheld the conviction. In June 2018, the again divided panel issued an amended opinion reaching the same result. On June 3, 2019, the Supreme Court declined to hear Martoma's case, leaving his sentence in place.

2014

According to the criminal complaint filed by the U.S. Department of Justice, Martoma allegedly advised Steven A. Cohen to sell shares of pharmaceutical companies Wyeth and Elan Corporation based on tips from two doctors, including Sid Gilman of the University of Michigan, about the Alzheimer's disease drug bapineuzumab during clinical trials overseen by the FDA. Martoma pleaded not guilty to formal charges of securities fraud, two counts, and conspiracy which resulted in $276 million in profits for SAC Capital in 2008. The insider trading trial began on January 9, 2014 in the United States District Court for the Southern District of New York. A jury of seven women and five men were selected to evaluate the evidence in a courtroom presided by U.S. District Judge Paul Gardephe.

On February 6, 2014, Martoma was found guilty on all charges. On September 8, 2014, Martoma was sentenced to 9 years in prison. In addition Martoma must forfeit his $9.38 million bonus which he earned in 2008.

2006

Martoma worked as a portfolio manager at S.A.C. Capital Advisors. He was hired in 2006 after working for three years at Sirios Capital Management. Martoma owned a $2 million mansion in Boca Raton that includes five-bedrooms, six-and-a-half bathrooms, a pool, an elevator, and a fake lawn. This residence was forfeited as part of Martoma's sentencing.

2003

He then applied and was accepted to Stanford Business School, where he received an MBA in 2003. After Martoma's trial, where it was revealed that he had been expelled from Harvard but did not disclose that to Stanford, Stanford took back his degree for being admitted under false pretenses.

1992

He graduated from Merritt Island High School in 1992. He graduated from Duke University and then attended Harvard Law School but was expelled in 1999 for grade manipulation and dishonesty. He had used computer software to create a fake transcript with better grades which he then sent to federal judges in an attempt to secure a clerkship. After leaving Harvard, he legally changed his name from Ajai Mathew Thomas to Mathew Cochukattil Martoma in 2001.