sentencing guidelines: He also fined him 10 million. ; When it comes to the stock market, Billy Walters is a cheater and a criminal and not a very clever one, Castel said, calling the crime amateurishly simple, according to The Japan Times. He noted Walters was a minor celebrity in Las Vegas with a private plane, a 17 million West Coast home and 175 million in earnings from 2011 to 2015. U.S. District Judge P. Kevin Castel rejected the recommendation of probation officials and a lawyer for William Billy Walters that he serve only a year in prison, but still imposed a sentence less than the minimum of eight years called for by federal sentencing guidelines. The judge said Walters looked to elevate himself when he befriended former Dallas-based Dean Foods Co. board chairman Thomas Davis, getting him to divulge secrets he then traded on. Money was a way of keeping score, Castel said. Castel said Walters was fixated on appearing to himself and others to be a winner.
(news.financializer.com). As
reported in the news.
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