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Former Hanover Finance co-owner charged with insider trading in US Eric Watson has been charged with insider trading. (Photo / NZH) Former Hanover Finance co-owner charged with insider trading in US Sat, 10 Jul 2021, 2:30PM Eric Watson has been charged with insider trading in the US after shares were traded in a drinks company before it switched to blockchain technology, sending its share price soaring. Watson, a former convict and New Zealand rich-lister, drove - despite being an undisclosed control person of the company - the change of Long Island Ice Tea Corp s rebranding to Long Blockchain Corp, according to a United States Securities and Exchange Commission statement reported by Bloomberg News. ....
EXCLUSIVE Fladgate sued for over £10 million rollonfriday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rollonfriday.com Daily Mail and Mail on Sunday newspapers.
He’ll be heading to Barcelona soon and then Germany to stitch up a big deal he s working on. “Property deals are good because you can benefit off the system where if you ve got a decent group of investors and you ve got an asset that s yielding 5 or 6 per cent and you can borrow money at 1 or 2 per cent..it s a ‘no-brainer’ that s why the property market globally are booming, Watson tells Stuff on a video-call which is periodically interrupted by the loud whirr of his teenage son working the coffee machine nearby. “We re in the era of super-money where there s so much money available that it floods into assets that are not growing the economy they re just growing the asset value.” ....