LONDON, June 19 (Reuters) - A former Janus Henderson
analyst was on Thursday found guilty of using confidential
information on companies including Daimler, Jet2 and THG to make
nearly 1 million pounds ($1.3 million) after a London court
trial.
Redinel Korfuzi, 38, was accused of using information he
accessed through his job as a research analyst at the asset
manager to trade using accounts held by his sister Oerta
Korfuzi, 36, and two other co-defendants.
The siblings stood trial at Southwark Crown Court with
Redinel Korfuzi's personal trainer Rogerio de Aquino, 63, and de
Aquino's partner Dema Almeziad, 40, who prosecutors said were
"secret proxies" for the insider trading.
The four were each charged with conspiracy to commit insider
dealing and money laundering between January 2019 and March
2021, with prosecutors alleging they used lockdown restrictions
imposed from March 2020 to carry out the criminal trades.
Redinel and Oerta Korfuzi were each convicted of both
charges by a jury, having pleaded not guilty. They will be
sentenced on July 4.
The jury cleared de Aquino and Almeziad of both charges.
Almeziad's lawyer Roger Sahota said in a statement: "This case
should never have been brought.
"There was no evidence that Ms Almeziad knew anything about
insider dealing and it is wrong to expect ordinary people to
understand or spot complex financial conduct that even
professionals struggle with."
Prosecutor Tom Forster told jurors at the start of the trial
in February that the defendants made a profit of around 963,000
pounds in relation to 11 companies' shares in just over six
months.
Forster said Redinel Korfuzi "was at the absolute centre" of
the alleged conspiracy, which was directed from the London flat
he shared with his sister.
Janus Henderson ( JHG ), which manages roughly $380 billion in
assets, was not involved in the criminal case or accused of any
wrongdoing.
A spokesperson for the firm said in a statement: "The
protection of confidential information is extremely important to
Janus Henderson ( JHG ) and the firm treats any actual or suspected
misuse of confidential information with the utmost seriousness."
The Financial Conduct Authority previously said Janus
Henderson ( JHG ) had cooperated fully with its investigation.
Convictions for insider trading carry a sentence of up to
seven years, with up to 14 years for money laundering.