Anil Kumar, the former McKinsey director who pleaded guilty to supplying the alleged insider trading ring headed by Galleon CEO Raj Rajaratnam with illegal tips on AMD and the spinout of its factories, has agreed to pay a fine of $2.8 million to settle the civil charges brought against him by the SEC.

Galleon reportedly made close to $20 million on the inside information. Kumar was paid somewhere between $1.75 million and $2 million for information over several years.

Rajaratnam, meanwhile, is trying to get the heap of wiretap evidence against him suppressed. His lawyers contend that wiretaps aren't legal in cases of insider trading and that prosecutors misled the courts into thinking the investigation involved money laundering as well as misrepresenting certain facts about a key witness against Rajaratnam by the name of Roomy Khan, an ex-Intel person convicted of wire fraud in 2002. The conviction stemmed from her misappropriating company information, which Intel caught her at.

However, a judge Tuesday denied Rajaratnam access to her computers, income tax returns and other records declaring the request an "impermissible fishing expedition." Maybe Raj will have better luck getting late-blooming evidence of illegal trades in companies such as Cisco, Goldman Sachs and AT&T suppressed. He reportedly got inside information on Warren Buffet's $5 billion buy into Goldman from former Goldman board member Rajat Gupta.

Twenty-one people have been charged in the Galleon case and 11 have already pleaded guilty, including former senior IBM executive Robert Moffat. Some of them may testify against Rajaratnam and his co-defendant Danielle Chiesi.

By the way, there is now a web site meant to try the case in the court of public opinion at www.rajdefense.org/.