Gambling, soliciting prostitutes, ripping down a ladies’ charity and leaking sensitive and painful 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 own made $43 million in illegal stock trades on Dallas-based Dean Foods. He is pleading not liable.
Tom Davis, the previous chairman of Dean Foods, of Dallas, continued his testimony in the trial 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, making use of information that is privileged supplied by Walters.
Due to the fact celebrity witness for the prosecution, Davis was expected by US Assistant Attorney Brooke Cucinella to disclose any unsavory facts about his background that may later surface throughout the course associated with test. This is standard practice, as it’s preferable that such information is presented to the court in advance in the place of being wheedled out of 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 past day how the nature of Davis’ relationship with Walters changed after the latter loaned him around $1 million. After Davis became indeb Continue reading Billy Walters Trial Celebrity Witness Embezzled from Battered Ladies’ Charity to Fund Gambling, Hookers