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Two Florida men plead guilty to insider trading charges related to taking Trump media firm public

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...
Sunny Isles Beach United States New York Michael Schvartsman Donald Trump Michael Shvartsman
Source: whec.com

Florida Venture capitalist and his brother plead GUILTY to profiting $22 million off of insider trading linked to deal that took Donald Trump's Truth Social public and could face up to 20 years in prison

Two men pleaded guilty to insider trading charges Wednesday after making $22 million off of confidential information regarding Donald Trumps media company merger.
New York United States Bruce Garelick Gerald Shvartsman Michael Shvartsman Lewis Liman

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