Photo: The Smoking Gun
Donald Longueil was just arrested as part of the FBI’s insider trading probe, and it turns out that he had a pretty sweet life up until police pounded on the door of his Upper East Side pad yesterday morning.The man with the unprounceable last name (apparently it’s pronounced Long-ail, like airmail or bobtail) was an Olympic hopeful; affianced to a “well-heeled Boston blueblood”; and lives in a $1.725 million condo on East 59th Street.
24 hours later, everything’s changed.
Apart from smarts, he was also a super sportsman. He's a triathlete and almost scored a place in the 2002 US Olympic speed-skating team
Then after gigs at Morgan Stanley and Empire Capital he landed a dream job: he became a junior portfolio manager at SAC Capital
And of course once you score a gig with Stevie Cohen, that's when the money starts pouring in and you buy yourself a $1.725 million Upper East Side condo
Sometime during his rise up the corporate ladder, he also manages to sweep Ivy-league banker, Mackenzie Mudgett, off her feet and they get engaged
But Don was living a lie! He'd allegedly been trading on non-public, material information for years, and profiting from it. And yesterday it all caught up with him, when he was arrested and charged for insider trading
Apart from securities fraud, he's also been charged with obstruction of justice and his curse-filled rant about destroying evidence by smashing up flash cards and dumping them in garbage trucks, is all over the news
Source: The U.S District Attorney
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