- cross-posted to:
- politics@lemmy.world
- news@lemmy.world
- cross-posted to:
- politics@lemmy.world
- news@lemmy.world
Florida venture capitalist Michael Shvartsman and his brother Gerald Shvartsman pleaded guilty on Wednesday to participating in an insider trading scheme linked to the blockbuster deal that brought former President Donald Trump’s social media business public.
Each of the brothers pleaded guilty in New York to one count of securities fraud, which carries a maximum sentence of 20 years in prison, according to federal prosecutors.
You must log in or register to comment.