Former McKinsey Partner Admits Insider Trading on Goldman Deal

December 15, 2021, 7:02 PM UTC

A McKinsey & Co. partner who advised Goldman Sachs Group Inc. on its impending acquisition of GreenSky Inc. pleaded guilty to using inside information about the deal to make $450,000 from illegal trades.

Puneet Dikshit, 40, pleaded guilty to a single count of securities fraud in Manhattan federal court Wednesday, according to a statement by Manhattan U.S. Attorney Damian Williams.

Dikshit bought short-term GreenSky options before the bank’s Sept. 15 announcement that it planned to acquire the financial technology company for about $2.24 billion, and he then sold the options when shares soared on news of the deal, ...

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