Gambling, soliciting prostitutes, ripping down a women’s charity and leaking sensitive company information, it’s all just a later date at the office, evidently, for the former 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 unlawful stock trades on Dallas-based Dean Foods. He is pleading not liable.
Tom Davis, the former chairman of Dean Foods, of Dallas, continued their 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 furnished by Walters.
Once the star witness for the prosecution, Davis was expected by US Assistant Attorney Brooke Cucinella to disclose any details that are unsavory his background that may later surface on the course for the trial. This is standard practice, as it’s better that such info is presented to the court in advance in place of being wheedled out from the witness later by a defense attorney.
And, child, did Davis deliver!
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The court had heard the day that is previous the nature of Davis’ relationship with Walters changed after the latter loaned him around $1 million. After Davis became indebted to him, Walters’ ask for inform