NEW YORK CITY: Raj Rajaratnam (pic), the mastermind of what prosecutors said was one of the largest hedge-fund insider- trading rings in US history, is out of prison – almost two years early.

Raj Rajaratnam brother charged with insider trading ... trading scheme was sentenced on Monday to 12 years in federal prison, the longest term ever meted out in an insider trading case.

the 53-year-old Rajaratnam faces decades in prison if the verdict is upheld. However, the trial judge turned down a motion to have him remanded into the custody of U.S. marshals, pending the next ...