Gambling, soliciting prostitutes, ripping off a women’s charity and leaking sensitive company information, it’s all just another day at the office, apparently, for the previous president of America’s milk-processing companies that are biggest.
William ‘Billy’ Walters leaves a Manhattan federal court. 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 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, using information that is privileged furnished by Walters.
Once the star witness for the prosecution, Davis was expected by US Assistant Attorney Brooke Cucinella to disclose any unsavory factual statements about his history that could later surface over the course associated with the test. This is standard training, as it’s better that such info is presented to the court up front rather than being wheedled from the witness later on by way of a defense attorney.
And, boy, 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, Walters Continue reading “Billy Walters Test Star Witness Embezzled from Battered Ladies’ Charity to invest in Gambling, Hookers”