Former McKinsey partner gets two years in prison for insider trading

A former McKinsey partner was sentenced to two years in prison for insider trading.

“What were you thinking?” U.S. District Judge Colleen McMahon asked from the bench as she sentenced Puneet Dikshit, who made more than $450,000 in September 2021 by trading options in a fintech company that he knew was about to be acquired by one of the prestigious consulting firm’s top clients, Goldman Sachs.

After completing his 24 months in prison, Dikshit, who isn’t a U.S. citizen, will be deported to his native India. He is the father of a 5-year-old daughter and 2-year-old son.

“I let down all the people who rely on me,”

→ Continue reading at Crain's New York Business

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