Billy Walters Test Celebrity Witness Embezzled from Battered Women’s Charity to finance Gambling, Hookers

Billy Walters Test Celebrity Witness Embezzled from Battered Women’s Charity to finance Gambling, Hookers

Gambling, soliciting prostitutes, ripping down a ladies’ charity and leaking sensitive company information, it’s all just another day in the office, apparently, for the former president of America’s biggest milk-processing companies.

William ‘Billy’ Walters leaves a Manhattan court that is federal. He is alleged to have made $43 million in illegal stock trades on Dallas-based Dean Foods. He is pleading simple.

Tom Davis, the previous chairman of Dean Foods, of Dallas, continued his testimony in the test of his one-time friend, the gambler that is legendary Walters, on Wednesday. Walters is accused of making $43 million from illegal trades on Dean Foods’ stock, making use of information that is privileged supplied by Walters.

While the celebrity witness for the prosecution, Davis was expected by US Assistant Attorney Brooke Cucinella to reveal any unsavory information regarding his back ground that may later surface within the course regarding the test. This is standard training, as it’s preferable that such info is presented to the court up front in the place of being wheedled from the witness later by way of a defense attorney.

And, kid, did Davis deliver!

$200,000 On One Hand of Blackjack

The court had heard the previous day how the nature of Davis’ relationship with Walters changed after the latter loaned him around $1 million. After Davis became indebted to him, Wal [Read more…]