The arrests came after a lengthy investigation by federal prosecutors in New York City into trading in the securities of Digital World Acquisition Group, a so-called special purpose acquisition company.
Dado Ruvic/Illustration/ReutersApparently Donald Trump isn’t the only one having trouble with the truth.While the former president battles the Department of Justice and the Manhattan district attorney, the Securities and Exchange Commission has indicted three investors involved in a plan to take Trump’s fledgling Twitter alternative Truth Social public. The regulators allege that the trio—brothers Michael and Gerald Shvartsman and Bruce Garelick, who worked for Michael Shvartsman—rolled up $23 m
Three Florida men have been charged with making $22 million through illegal insider trading before the public announcement that an acquisition firm was going to take former President Donald Trump s
3 charged in insider trading case related to taking Trump media firm public, accused of making $22M thebusinessjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thebusinessjournal.com Daily Mail and Mail on Sunday newspapers.
NEW YORK (AP) — Three Florida men were charged Thursday with making more than $22 million through illegal insider trading before the public announcement that an acquisition firm was going