
Gambling, soliciting prostitutes, ripping down a women’s charity and leaking delicate company information, it’s all just another day on the job, apparently, for the previous chairman of America’s milk-processing companies that are biggest.
William ‘Billy’ Walters leaves a Manhattan federal court. He is alleged to own made $43 million in unlawful stock trades on Dallas-based Dean Foods. He is pleading not guilty.
Tom Davis, the previous president of Dean Foods, of Dallas, continued their testimony in the trial of his one-time buddy, the legendary gambler Billy Walters, on Wednesday. Walters is accused of making $43 million from illegal trades on Dean Foods’ stock, making use of privileged information allegedly furnished by Walters.
Once the celebrity witness for the prosecution, Davis was expected by US Assistant Attorney Brooke Cucinella to reveal any unsavory information about his history that could later surface throughout the course of the test. This is standard training, as it’s preferable that such info is presented to the court in advance in the place of being wheedled from the witness later on by a defense attorney.
And, child, did Davis deliver!
$200,000 On One Hand of Blackjack
The court had heard the previous day how the nature of Davis’ relationship with Walters changed after the latter loaned him around $1 million. After Davis became indebted to him, Walter Continuer la lecture de « Billy Walters Trial Celebrity Witness Embezzled from Battered Ladies’ Charity to finance Gambling, Hookers »