SAC Exec.'s Wife Charged In Copter Caper

Dec 1 2010 | 10:18am ET

The wife of a SAC Capital Advisors executive—and his helicopter pilot—are in some hot water in New Canaan, Conn.

Janie Konidaris, the wife of SAC global head of syndicate Jason Konidaris, has been slapped with a misdemeanor ticket for allegedly lying to one of the tony town's police officers. Konidaris allegedly told the New Canaan cop that she hadn't seen a helicopter land near her home on the morning of Nov. 20.

But the policemen, who was responding to a 911 call claiming the copter had crashed, checked around and returned, at which point Konidaris 'fessed up: The helicopter had picked up her husband.

Helicopters must obtain pre-arranged clearance for landing in New Canaan.

Kondaris has been charged with interfering with a police officer. The helicopter pilot has been slapped with an infraction for violating the clearance rule.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...