_brothers-plead-guilty-in-insider-trading-scheme-involving-trump39s-media-company-merger.jpg "Brothers Plead Guilty in Insider Trading Scheme Involving Trump's Media Company Merger from bae share scheme Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:39
👁 View: 10.2M times
✓ Published: 05-Apr-2024
👁 View: 10.2M times
✓ Published: 05-Apr-2024
Description:
Brothers Michael and Gerald Shvartsman pleaded guilty to an insider trading scheme related to Donald Trump's social media company merger. They profited over $23 million by tipping off friends about the planned merger of Trump Media & Technology Group and Digital World Acquisition Corp. Michael was seen as the mastermind, and with his $18.2 million in illegal profits, he bought a $14 million yacht. Gerald made $4.6 million illegally from the scheme. Trump's company went public last week, but shares have been volatile.
Brothers Michael and Gerald Shvartsman pleaded guilty to an insider trading scheme related to Donald Trump's social media company merger. They profited over $23 million by tipping off friends about the planned merger of Trump Media & Technology Group and Digital World Acquisition Corp. Michael was seen as the mastermind, and with his $18.2 million in illegal profits, he bought a $14 million yacht. Gerald made $4.6 million illegally from the scheme. Trump's company went public last week, but shares have been volatile.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_royal-family-share-first-look-at-369m-buckingham-palace-renovation.webp "The Reservicing Programme of Buckingham Palace is now in its seventh year. 2024 will mark the re-opening of the East Wing, following five years of extensive work. Source: The Royal Family")
_investing-in-the-future-analyzing-bae-systems-as-a-financial-gem.webp "Flawless Finance")
_are-bae-systems-shares-a-good-investment.webp "Chris Chillingworth")
_bae-systems-bae-systems-graduate-amp-undergraduate-opportunities.webp "RateMyPlacement")
_working-at-bae-systems-inc.webp "BAE Systems, Inc.")
_sia-and-labrinth-have-shared-their-latest-collaboration-incredible39.webp "Sia and Labrinth have shared their new single, 'Incredible', from the former's new album.")
_bae-systems-how-diversity-and-inclusion-makes-all-the-difference.webp "targetjobs")
_royal-family-share-first-look-at-369m-buckingham-palace-renovation.jpg)
_investing-in-the-future-analyzing-bae-systems-as-a-financial-gem.jpg)
_are-bae-systems-shares-a-good-investment.jpg)
_bae-systems-bae-systems-graduate-amp-undergraduate-opportunities.jpg)
_working-at-bae-systems-inc.jpg)
_sia-and-labrinth-have-shared-their-latest-collaboration-incredible39.jpg)
_bae-systems-how-diversity-and-inclusion-makes-all-the-difference.jpg)
![[+]](/images/menu.gif){kind=small}