Gambling, soliciting prostitutes, ripping down a ladies’ charity and leaking sensitive company information, it’s all just another day on the job, evidently, for the former chairman of America’s biggest milk-processing companies.
William ‘Billy’ Walters leaves a Manhattan court that is federal. He is alleged to possess made $43 million in illegal stock trades on Dallas-based Dean Foods. He is pleading not liable.
Tom Davis, the previous president of Dean Foods, of Dallas, continued his testimony in the test of his one-time friend, the legendary gambler Billy Walters, on Wednesday. Walters is accused of making $43 million from illegal trades on Dean Foods’ stock, using privileged information allegedly given by Walters.
As the star witness for the prosecution, Davis was expected by US Assistant Attorney Brooke Cucinella to disclose any details that are unsavory his background which will later surface throughout the course associated with the test. This is standard practice, as it’s better that such information is presented to the court at the start instead of being wheedled out from the witness later by a defense attorney.
And, boy, did Davis deliver!
$200,000 On One Hand of Blackjack
The court had heard the past day how the nature of Davis’ relationship with Walters changed after the latter loaned him around $1 million. After Davis became indebted to him, Walters’ obtain in Continue reading “Billy Walters Trial Star Witness Embezzled from Battered Ladies’ Charity to invest in Gambling, Hookers”