Updated On: 18 June, 2012 08:54 AM IST | | Agencies
The conviction on Friday of the one-time poster boy of Indian business in America, Rajat Gupta, on charges of securities fraud marks yet another phase in his roller coaster ride from an orphan to lofty board room to convicted felon.
Ironically, Gupta’s fall from grace was brought about by another Indian American, Preet Bharara, nicknamed the ‘Sheriff of Wall Street’, for leading a wave of insider trading probes over the last two-and-a-half years.

Fall from grace: Rajat Gupta was found guilty of of 4 criminal charges. Pic/AFP