Truth Social app. Credit: Michelangelo Oprandi/Adobe Stock 'A Serious Crime': Venture Capitalist Sentenced to Prison for Trump-SPAC Insider Trading
District Judge Lewis Liman sentenced Michael Shvartsman to 28 months in prison and a $1 million fine.
October 17, 2024 at 07:11 PM
2 minute read
White Collar Crime
The original version of this story was published on New York Law Journal
A Florida venture capitalist was sentenced to 28 months in prison on Thursday for admittedly trading in a blank-check company's securities prior to the announcement of a planned merger with Trump Media.
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