Prosecutors seek years in prison for Trump Media insider trading Shvartsman brothers
Prosecutors are asking a New York federal court judge to sentence two brothers to years in prison for their admitted insider trading in a blank-check company's securities before it announced a planned merger with Trump Media.
Prosecutors want Florida venture capitalist Michael Shvartsman, who made more than $18 million in illicit trading profits, to be sentenced next Thursday to between 46 months and 57 months in prison, a court filing shows.
Prosecutors want Florida venture capitalist Michael Shvartsman, who made more than $18 million in illicit trading profits, to be sentenced next Thursday to between 46 months and 57 months in prison, a court filing shows.
I'm sure that when #45 was doing his merger of his media company with the Shvartsman enterprise to form DJT, he had no idea these guys were insider traders. I'm willing to give him a pass on this one.