Former Nvidia financial analyst and 39 year old Sonny Nguyen pleaded guilty today to a criminal charge. Nguyen pleaded guilty to tipping a former Global Research consultant about Nvidia’s quarterly financial results before they were announced to the public. He claimed to have done this both in 2007 and 2008. Nguyen was released on a $100,000 bond but is expected to testify at the trial.
He is among at least 14 people who have been charged in the investigation and pleaded guilty to a charge of conspiracy to commit wire fraud and securities fraud. I suppose Nguyen was looking for a lighter sentence by pleading guilty and spilling the beans. He said,