- NEW YORK: A finance researcher has been convicted by a federal jury in an insider trading scheme.
- Winifred Jiau was convicted Monday of conspiracy to commit securities fraud and wire fraud, and of securities fraud.
The jury deliberated less than a day.
Jiau, of Fremont, California, was among 13 people arrested last year on charges she conspired to accept cash and gifts in exchange for financial information. Most of the other defendants pleaded guilty.
The 43-year-old worked for two years as a consultant for Primary Global Research, a Mountain View, California-based company. Born in Taiwan, she is a US citizen.
She faces steep fines and a possible prison term of 20 years when she is sentenced Sept. 21.

