The medical doctor turned hedge-fund trader was sentenced to five years in prison yesterday for his role in an insider-trading scheme that brought down hedge-fund powerhouse FrontPoint. Skowron, a luxury car collector who lives in tony Greenwich, Conn., was ordered to pay a fine of $150,000 and will forfeit an additional $5 million as part of his plea agreement. On Thursday, he was ordered to pay $2.7 million in penalties to the Securities and Exchange Commission.
Businessweek: Looks to Prison for ‘Healing’
