_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 sabatier knife company 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
_sabatier-knives.webp "The Internet Sorcerer")
_the-5-richest-billionaires-in-the-world-2024.webp "What a year it’s been for the planet’s billionaires, whose fortunes continue to swell as global stock markets shrug off war, political unrest and lingering inflation. There are now more billionaires than ever: 2,781 in all, 141 more than last year and 26 more than the record set in 2021. They’re richer than ever, worth $14.2 trillion in aggregate, up by $2 trillion from 2023 and $1.1 trillion above the previous record, also set in 2021. Two-thirds of the list’s members are worth more than a year ago; only one fourth are poorer. Much of the gains come from the top 20, who added a combined $700 billion in wealth since 2023, and from the U.S., which now boasts a record 813 billionaires worth a combined $5.7 trillion. China remains second, with 473 (including Hong Kong) worth $1.7 trillion, despite weak consumer spending and a real estate bust that helped wipe out $200 billion in wealth and knocked 89 billionaires from the ranks. India, which has 200 billionaires (also a record), ranks third.To calculate net worths, we used stock prices and exchange rates from March 8, 2024. See below for the full list of the world’s billionaires and our methodology. For daily updated net worths of all 2,781 billionaires, check out our real-time billionaires rankings.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/chasewithorn/2024/04/02/the-100-billion-club-these-14-people-have-12-figure-fortunes/<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_best-sabatier-knives-in-2023-top-10-sabatier-knife-review.webp "Kitchen Products")
_vintage-sabatier-knives.webp "Bernal Cutlery")
_sabatier-knife-explained-in-nashville-tn.webp "David Johnson")
_the-11-best-kitchen-knife-brands-not-made-in-china.webp "Prudent Reviews")
_armed-police-storm-into-starbucks-to-arrest-man-with-knife.webp "Ryan Miller, 36, was arrested in the Orton Centre coffee shop on 12 January after police received a 999 call stating he was in possession of a kitchen knife and he was going to stab someone.")
_beware-of-these-5-knife-companies.webp "Neeves Knives")
_sabatier-knives.jpg)
_the-5-richest-billionaires-in-the-world-2024.jpg)
_best-sabatier-knives-in-2023-top-10-sabatier-knife-review.jpg)
_vintage-sabatier-knives.jpg)
_sabatier-knife-explained-in-nashville-tn.jpg)
_the-11-best-kitchen-knife-brands-not-made-in-china.jpg)
_armed-police-storm-into-starbucks-to-arrest-man-with-knife.jpg)
_beware-of-these-5-knife-companies.jpg)
![[+]](/images/menu.gif){kind=small}