Thursday, January 9, 2014

Harvard expulsion revealed in trader's NYC trial


Today  after the jury had been seated, the court  unsealed documents that showed Mathew Martoma was expelled from Harvard Law School for fabricating his transcript. Jurors did not hear this information, and had left the room. Unless Mr Martoma takes the stand, the jury will most likely never know this ever happened.

From the New York Times
http://dealbook.nytimes.com/2014/01/09/ex-sac-trader-was-expelled-from-harvard-law-school/?_r=1&
In 1999, Mr. Martoma was expelled from Harvard for creating a false transcript when he applied for a clerkship with a federal judge, court papers unsealed on Thursday showed. Mr. Martoma used a computer program to change several grades from B’s to A’s, including one in criminal law, and then sent the forged transcript to 23 judges as part of the application process.
Then, during a Harvard disciplinary hearing to determine whether he should be expelled, Mr. Martoma tried to cover his tracks by creating a fake paper trail that included fabricated emails and a counterfeit report from a computer forensics firm that Mr. Martoma had created to help conceal his activities.
After Harvard expelled him, Mr. Martoma, who at the time was known as Ajay Mathew Thomas, legally changed his name to Mathew Martoma.
Mathew Martoma AKA Ajay Mathew Thomas



Harvard expulsion revealed in trader's NYC trial - Imperial Valley Press Online: Nation / World

From the Associated Press
A former money manager facing trial on insider trading charges was expelled from Harvard Law School more than a decade ago after he used a forged transcript he claimed he created to impress his parents to apply for a clerkship with as many as 23 federal appeals judges, according to documents unsealed Thursday.
The documents were released as prosecutors sought to introduce the Harvard ejection evidence into the trial of former SAC Capital Advisors employee Mathew Martoma in case they deem the documents necessary to rebut defense claims.

Opening statements were scheduled Friday in the trial of Martoma, of Boca Raton, Fla., who is accused of persuading a medical professor to leak secret data from an Alzheimer's disease trial.

No comments:

Post a Comment