Hedge Fund Manager Committed Suicide After This

Posted on

Sanjay Valvani, a head fund manager in New York City, was found dead in his apartment just days after his arrest. In what was an apparent suicide, Valvani’s wife found him with his neck slashed on Monday evening.

Police say an apparent suicide note was found and according to detective Ahmed Nasser, a knife was found in the bedroom. The medical examiner’s office will determine the exact cause of death.

It was just last week that Valvani pleaded not guilty to charges he persuaded a former senior Food and Drug Administration official to give him inside information about generic drug approvals.

According to prosecutors, Valvani earned about $25 million illegally from 2005 through 2011.