A lawyer for a Las Vegas gambler linked to golfer Phil Mickelson has urged jurors at a NY trial to acquit his client of insider trading charges, saying the prosecution hangs on the lies of a witness.
"If I would have made a bet, I would have lost - I just did lose the biggest bet of my life", Billy Walters, right, said outside court after his guilty verdicts.
Walters, 70, faced a four-week trial in Manhattan before U.S. District Judge P. Kevin Castel.
Walters was convicted of earning over $40 million illegally.
Mickelson agreed to forfeit almost $1 million last May that authorities said he earned through an illegal stock tip from Walters.
Rajya Sabha passes GST Bill
He said the harsh provisions related to the recovery of tax should not be implemented during the transition phase of the GST. Experts believe the GST Bill is one of the most significant reforms since India opened its economy in the early 1990s.
According to court documents, Mickelson used three brokerage accounts to purchase 200,240 shares (totaling $2.4 million) in Dean Foods stock between July 30-31 of that year.
Walters was charged in May after a high-profile probe focused on what prosecutors called his scheme to obtain confidential tips about Dean Foods Co from its chairman, Thomas Davis.
In 2016, Mickelson reached an agreement to pay back $1.03 million that the U.S. Securities and Exchange Commission said he made by trading in Dean Foods stock.
His lawyer, Barry Berke, promised an appeal. Bloomberg News reported the ruling in the case that involved Phil Mickelson as a "relief defendant", although the five-time major champ never made an appearance in court.
A defense lawyer was scheduled to deliver a closing argument Thursday.
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Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Navellier & Associates Inc increased its position in shares of Constellation Brands by 686.8% in the third quarter.
During the trial, Berke used Mickelson as proof that his client was innocent, saying that if Walters had inside information, "the last thing you would do is give it to Phil Mickelson, one of the most famous athletes in the world who is going to attract regulatory scrutiny".
Walters, 70, has built a sprawling business of auto dealerships, vehicle rental agencies and golf courses worth hundreds of millions of dollars.
Davis, Walters's friend, business partner and golfing pal of more than 20 years, was the government's star witness.
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All-night Democrat talk-a-thon opposes Supreme Court pick
The additions give Democrats the 41 votes needed for a filibuster to demand Gorsuch receive the 60 votes required by Senate rules. Still, at least some Democrats are sort of pretending that Gorsuch is such a special case that he is worth maximum opposition.
So Kim chose to undergo a surgery that would prepare her uterus for pregnancy, which anxious her family, especially her mom. Kim revealed that Kanye was very nervous during her surgery, but she knew that he was looking forward to have more kids.
Facebook rejected Mass's data, citing its own data that shows it removes about 65 percent of illegal content within a day. He added that he now plans to present these rules to the European Council of Justice to create regional rules.
Iranian conservatives have also criticized the purchases, saying new planes will do little to improve Iran's stagnant economy. They have also been controversial in Washington, where lawmakers critical of the plane deals have tried to block them.
Misbah ul-Haq will quit cricket after the three-Test series in the West Indies beginning later this month. Senior sports journalist Majid Bhatti said Misbah's announcement is a positive for Pakistan cricket.
The league is expected to award two expansion franchises this fall, both of which would begin play in 2020. Louis proper, leaving the suburbs completely free of responsibility should tax funds not meet projections.
A rip-roaring start to the game suggested more goals were in the offing and Hull turned the game on its head in the 27th minute. There was initial confusion over whether the goal had been given as referee Michael Oliver went to consult with the linesman.
Last year, C.K. wrote a letter to his fans, asking them to reconsider their decision if they were going to vote for Trump. Stephen Colbert hit another milestone in his stunning late-night turnaround against Jimmy Fallon of NBC's "Tonight" show.
Man Down had a limited opening release in Burnley at the weekend and was simultaneously released on digital platforms. As of now, the movie only holds a 15% on Rotten Tomatoes , with the movie certified rotten.
Sunday night , there is a 50 percent chance of showers and thunderstorms, with a low of 55, according to the weather service. Tonight: Showers and thunderstorms likely before 2am, then a slight chance of showers between 2am and 3am. - Stay patient.
Emotional start to Masters with Nicklaus, Player
Golf.com cited an unnamed source two years later as saying Johnson had been suspended for a positive cocaine test. Johnson spent time on the driving range with his brother/caddie, Austin, and coach Butch Harmon.
Flood alert in Kashmir after incessant rains and snowfall
Massive traffic jams were witnessed in many parts of the city as the road were inundated as drains were overflowing. The administration also issued an avalanche warning for next the 24 hours in Kashmir valley and Kargil district.
Mel B obtains restraining order against Stephen Belafonte
However, speaking to TMZ's photographers on Monday, Belafonte denied all the claims, saying, "I'm shocked at those allegations". Brown and Belafonte - who Wednesday in 2007 - separated in December and the "Wannabe" singer filed for divorce on March 18.
Ovechkin still plans to play in Pyeongchang
Unlike the Olympics, the World Cup is put on by the National Hockey League and the players' association, who share the revenue. The NHL announced its decision 24 hours earlier, ending its statement with, " We now consider the matter officially closed ".
Susan Rice unmasked: Smoking gun or distraction?
You see how the focus keeps getting directed away from Russian Federation to the Obama administration or any other handy object. At the time he said he needed to go to the White House because the reports were only on a database for the executive branch.
1 in 10 moms passed Zika to offspring — CDC
Schuchat emphasized that the Zika outbreak "is not going away", so raising awareness about prevention is more important than ever. The CDC found many infants who may have contracted Zika from their mothers did not undergo recommended testing after birth.
Thousands fail background checks for Uber, Lyft
Be proactive - Use the "Flag as Inappropriate" link at the upper right corner of each comment to let us know of abusive posts. District Judge Robert Lasnik's temporary restraining order was in response to a request by the U.S.
Guardiola: "Nice guy" Sergio Aguero not unsafe
Pedro and Hazard had chances as Chelsea made rare forays forward, while Kompany and Diego Costa collided in midfield . And John Stones aimed a powerful header from Silva's corner straight into Courtois's arms.
Mets' Seth Lugo has partially torn UCL in elbow
And in Monday's season opener, Noah Syndergaard left his start after six innings because of a blister on his middle finger. The right-hander made his big league debut last season, throwing 64 innings over 17 appearances, eight as a starter.