Author Topic: Walters Found Guilty of Fraud Charges  (Read 150 times)

Allen Moody

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Walters Found Guilty of Fraud Charges
« on: April 07, 2017, 09:18:42 PM »
it was a bad day for our friend Billy Walters, who was convicted of securities fraud stemming from his insider trading charges surrounding Dean Foods. Walters made $43 million on the deal, but faces up to 20 years in prison. He will be sentenced July 14. Due to his age (70), he'll most likely receive around 8 years, and serve less time than that.