Prosecutions

Shvartsman Brothers and Bruce Garelick Charged in $22.9 Million DWAC Insider Trading Scheme

| Importance: 8/10

Federal prosecutors and the SEC charged Michael Shvartsman, Gerald Shvartsman, and Bruce Garelick with securities fraud in a $22.9 million insider trading scheme centered on the DWAC-Trump Media merger. Bruce Garelick, a former DWAC board member and chief strategy officer at Rocket One Capital, …

Michael Shvartsman Gerald Shvartsman Bruce Garelick Rocket One Capital Southern District of New York +1 more insider-trading spac-fraud dwac rocket-one-capital financial-networks +1 more
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Rep. Chris Collins Indicted for Insider Trading Scheme at White House Picnic

| Importance: 8/10

Rep. Chris Collins (R-N.Y.), President Trump’s first congressional supporter, was indicted for an insider trading scheme involving Innate Immunotherapeutics, an Australian biotechnology company where he served on the board. On June 22, 2017, while attending a Congressional Picnic at the White …

Chris Collins Cameron Collins Stephen Zarsky Innate Immunotherapeutics Geoffrey S. Berman +1 more congressional-corruption insider-trading prosecutions regulatory-capture white-collar-crime
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Rep. Chris Collins Indicted for Insider Trading

| Importance: 8/10

Rep. Chris Collins (R-N.Y.), President Trump’s first congressional supporter, was charged with insider trading related to his position on the board of Australian biotechnology company Innate Immunotherapeutics. On June 22, 2017, while attending a Congressional Picnic at the White House, …

Chris Collins Cameron Collins Stephen Zarsky Innate Immunotherapeutics congressional-corruption insider-trading prosecutions regulatory-capture
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S&L Crisis Prosecutions: 1,000+ Bankers Convicted, Contrasts Sharply with 2008

| Importance: 8/10

Between 1988 and 1992, the Department of Justice prosecutes over 1,000 savings and loan bankers for fraud and related crimes during the S&L crisis, with regulators making over 30,000 criminal referrals that produce felony convictions in cases designated as “major” by DOJ. Federal …

Department of Justice Federal Bureau of Investigation Office of Thrift Supervision S&L executives s&l-crisis prosecutions accountability white-collar-crime justice-department
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