1. #1
    oldmanTED
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    Walters gets 5 years

    Probably gets out in 3.
    Could of been much worse.

  2. #2
    RudyRuetigger
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    what did Barbara's husband do this time?
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  3. #3
    19th Hole
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    Billy Walters 5 Years

    Sports gambler Walters sentenced to 5 years for insider trading

    ReutersJuly 27, 2017NEW YORK, July 27 (Reuters) -

    Famed Las Vegas sports gambler Billy Walters was sentenced on Thursday to five years in prison, following his April conviction in one of the highest profile U.S. insider trading trials in years.

    U.S. District Judge Kevin Castel in Manhattan also ordered Walters, 71, to pay a $10 million fine. The defendant is due to surrender on Oct. 10.
    Walters was accused by federal prosecutors of making more than $43 million in realized profits and avoided losses from 2008 to 2014 based on stock tips from a board member of dairy processing company Dean Foods Co.
    During the sentencing hearing, Castel called the crime "amateurishly simple," and rejected Walters' request to be sentenced to a year and a day.

    "Billy Walters is a cheater and a criminal, and not a very clever one," Castel said. "At this point in life, money was a way of keeping score."

    Walters plans to appeal. (Reporting by Jonathan Stempel in New York, editing by G Crosse)












  4. #4
    jjgold
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  5. #5
    ttwarrior1
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    got what he deserves, should prob get more

  6. #6
    RudyRuetigger
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    why was my post deleted/
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  7. #7
    RudyRuetigger
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    Quote Originally Posted by RudyRuetigger View Post
    why was my post deleted/
    oh because this is a new fukkin thread

    that should not exist and an infraction to OP
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  8. #8
    Rich Boy
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    Walters is a greedy old scumbag

    How could you possibly need more cash at 71 years old? Goes to show you its not about the money, its the constant feeding of the ego that burns these geezers

  9. #9
    jtoler
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  10. #10
    grease lightnin
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    Can't believe he thought he'd get away with it.


    Not as smart as many thought. But I heard he made his money booking, not betting.

  11. #11
    Philmill
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    5 years is a gift in the federal system.....

    with good time, halfway house and a program he will be out in 2.5 years


    If you sale a 1/4 pound of weed with a gun in your sock you get 15 years
    Last edited by Philmill; 07-27-17 at 05:32 PM.

  12. #12
    Rich Boy
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    Wonder if 71 year old geezers get ass fcked in prison?

    Anyone know?

  13. #13
    RudyRuetigger
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    old man ted has been here 10 years

    and posted 30mins prior

    show him some fukkin respect

    https://www.sportsbookreview.com/for...s-5-years.html
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  14. #14
    Philmill
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    I am sure he will be in a cup cake camp.....

  15. #15
    Art Vandelay
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    Quote Originally Posted by Philmill View Post
    I am sure he will be in a cup cake camp.....
    I envision the type of confinement they had in "Goodfellas"...
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  16. #16
    grease lightnin
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    Quote Originally Posted by RudyRuetigger View Post
    old man ted has been here 10 years

    and posted 30mins prior

    show him some fukkin respect

    https://www.sportsbookreview.com/for...s-5-years.html

    19th Hole is Pro. Oldmanted non-pro.

  17. #17
    konck
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    For making 43 million thats not a bad price to pay 3 yrs

  18. #18
    RudyRuetigger
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    Quote Originally Posted by grease lightnin View Post
    19th Hole is Pro. Oldmanted non-pro.
    once again, I am right
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  19. #19
    grease lightnin
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    Quote Originally Posted by konck View Post
    For making 43 million thats not a bad price to pay 3 yrs
    Make that 33 mil after 10 mil fine plus who knows legal fees

  20. #20
    grease lightnin
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    Quote Originally Posted by RudyRuetigger View Post
    once again, I am right
    I see he has been here forever. Old sharp guy I take it? Only 40 posts.

    Must have been been a regular on some other board? I only know SBR

  21. #21
    crackerjack
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    I'd go to jail for five years for $43 million minus a $1M fine

  22. #22
    d2bets
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    Quote Originally Posted by crackerjack View Post
    I'd go to jail for five years for $43 million minus a $1M fine
    If you're a twenty-something brokeassdick, yeah. But you wouldn't if you were 71 and you already had millions, would you?
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  23. #23
    19th Hole
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    Quote Originally Posted by RudyRuetigger View Post
    oh because this is a new fukkin thread
    that should not exist and an infraction to OP
    Quote Originally Posted by RudyRuetigger View Post
    old man ted has been here 10 years
    and posted 30mins prior
    show him some fukkin respect
    https://www.sportsbookreview.com/for...s-5-years.html
    Quote Originally Posted by grease lightnin View Post
    19th Hole is Pro. Oldmanted non-pro.
    Quote Originally Posted by RudyRuetigger View Post
    once again, I am right
    ~~~~~~~~~~~~~~~~~~~

    Mea Culpa. Rudy & Ted I didn't see the OP

  24. #24
    biggie12
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    What the line he passes away on the inside. He will probably only be there 44 months max.

  25. #25
    VeggieDog
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    $10 million fine. Poor guy. Maybe we should start a gofundme page for him. Or have a car wash or bake sale.

  26. #26
    Grits n' Gravy
    Bigdaddyqh diddles kids
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    Quote Originally Posted by ttwarrior1 View Post
    got what he deserves, should prob get more
    you should be given the death penalty pedo.
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  27. #27
    TheMoneyShot
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    It's sort of sad in a way.... at 71 years of age... how long do you really have to live?

    Insider trading happens a lot! System is so full of sh#$. This has to do with the idea of being involved or... AROUND the sports wagering world several years ago.

  28. #28
    PAULYPOKER
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    When is Rudy going to understand that "we all are out to get him"...........

  29. #29
    Brooklyn Dick
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    Billy Walters Gets 5 Years in Jail


  30. #30
    DOM-Ganador
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    Probably some country club joint, but at his age he could be in trouble.

    Sucks how they put him away and all the Wall St FUKKs who screwed the entire world economy in 08, not 1 guy went to jail.
    They are back at it again, renaming same old fee heavy BS "investment vehicles".

  31. #31
    nyplayer33
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    Terrible.

  32. #32
    nyplayer33
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    Latest scam is business cash advance

  33. #33
    slayer14
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    He living the best years of his life in a dirty jail when he could have been enjoying his retirement years

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