Two Miami-area brothers admit fraud in Trump-linked case miamiherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miamiherald.com Daily Mail and Mail on Sunday newspapers.
Two Florida men plead guilty to insider trading charges related to taking Trump media firm public startribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from startribune.com Daily Mail and Mail on Sunday newspapers.
Two Florida brothers have pleaded guilty to insider trading charges, admitting they made over $22 million illegally before the 2021 public announcement that an acquisition firm was taking former President Donald Trump's media company public. Michael and Gerald Shvartsman each entered pleas to a single count of securities fraud in Manhattan federal court on Wednesday. The men said that they knew they were committing a crime when they made trades in October 2021 through a New York broker. The indictment against them did not in any way implicate Trump. Sentencing was set for July 17.