Billy Walters Arrested
May 19th, 2016 at 5:22:33 PM
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http://www.ktnv.com/news/crime/sports-gambler-billy-walters-arrested-in-las-vegas
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
May 19th, 2016 at 6:22:49 PM
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Quote: AxelWolfhttp://www.ktnv.com/news/crime/sports-gambler-billy-walters-arrested-in-las-vegas
Wow, just wow. I can't help thinking of a couple dozen politicians off the top of my head who should be doing life without parole. Meanwhile they arrest this guy. What a racket.
Thanks for posting this. I hadn't heard it yet.
'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.
May 19th, 2016 at 6:34:32 PM
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Well, he seems like a cool guy from the couple interviews I've heard, but if he was doing insider trading, he ought to be arrested.
May 19th, 2016 at 6:53:44 PM
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The Feds have been trying to get him for years. He is going to prison for this one. Luckily for him it will be a Club-Fed. He will clean out all of the other well to do prisoners in every form of gambling imaginable.
At my age, a "Life In Prison" sentence is not much of a deterrent.
May 19th, 2016 at 7:02:37 PM
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I'm open to wagers that say he DOES NOT do any jail time
No longer hiring, don’t ask because I won’t hire you either
May 19th, 2016 at 7:09:16 PM
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He's a significant part of the reason the local government is crooked. Insider trading was hardly the worst of the creep's sleaze. A "cool guy" of the sort that used to be known as "goodfellas" who was in the business of doing the washy-washy of money for no-neck bent-nose thugs, bribery greasing his government facilitated land scams that have cost people living in the area hundreds of millions, and on and on. If his transparently ridiculous cover story act as a supposed genius sports bettor and nice guy who is just being unfairly picked on has one single ounce of truth then I'm Jesus Christ & Madame Curie.
I think this is his third felony indictment? I'm starting to lose count with this goombah. None of them coming from the local Southern Nevada law & justice system, and that's definitely no accident. I hope he doesn't beat the rap on this one, and that he drops the soap in the shower a lot. At least once for every buck he got from raping everyone else who wasn't in on his crooked schemes as part of his *ahem* "family" business. Which was not about gambling on sports. That isn't where the money was from, and would not amount to a rounding error in it.
But he apparently did have one of the world's most effective public relations assistants coaching him and booking him for image polishing media events & "charitable" stunts, or perhaps it is that there's a larger than average part of the local audience that's just unusually eager to swallow his particular line of bullspit no matter how thinly dressed up it is.
ADDENDUM: Oh, and I see the pro golfer Phil Mickelson got into this by being in debt with *ahem* loans from good 'ol Billy? Hello?!?! Move along, nothing to see there, no sireee.
I think this is his third felony indictment? I'm starting to lose count with this goombah. None of them coming from the local Southern Nevada law & justice system, and that's definitely no accident. I hope he doesn't beat the rap on this one, and that he drops the soap in the shower a lot. At least once for every buck he got from raping everyone else who wasn't in on his crooked schemes as part of his *ahem* "family" business. Which was not about gambling on sports. That isn't where the money was from, and would not amount to a rounding error in it.
But he apparently did have one of the world's most effective public relations assistants coaching him and booking him for image polishing media events & "charitable" stunts, or perhaps it is that there's a larger than average part of the local audience that's just unusually eager to swallow his particular line of bullspit no matter how thinly dressed up it is.
ADDENDUM: Oh, and I see the pro golfer Phil Mickelson got into this by being in debt with *ahem* loans from good 'ol Billy? Hello?!?! Move along, nothing to see there, no sireee.
Last edited by: DrawingDead on May 19, 2016
Suck dope, watch TV, make up stuff, be somebody on the internet.
May 19th, 2016 at 7:29:40 PM
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Quote: WizardofnothingI'm open to wagers that say he DOES NOT do any jail time
If you are saying that you don't believe he will do time I will bet that he does.
At my age, a "Life In Prison" sentence is not much of a deterrent.
May 19th, 2016 at 7:32:03 PM
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I would take 7-5 for up to 250.
With the stipulation that if ball is revoked for any reason - that is not considered jail time
We would only count an actual please agreement for jail time or a conviction with a jail time sentence
With the stipulation that if ball is revoked for any reason - that is not considered jail time
We would only count an actual please agreement for jail time or a conviction with a jail time sentence
No longer hiring, don’t ask because I won’t hire you either
May 19th, 2016 at 7:38:43 PM
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Quote: WizardofnothingI would take 7-5 for up to 250.
With the stipulation that if ball is revoked for any reason - that is not considered jail time
We would only count an actual please agreement for jail time or a conviction with a jail time sentence
I will bet 100 at even money. My biggest concern is he passes away before the case is adjudicated.
At my age, a "Life In Prison" sentence is not much of a deterrent.
May 19th, 2016 at 7:42:34 PM
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Lol. Since its only 100 I'll take even money
No longer hiring, don’t ask because I won’t hire you either
May 19th, 2016 at 8:03:01 PM
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I think Billy would be honored you guys are betting on this.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
May 19th, 2016 at 8:16:51 PM
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I think William would be peeved that he isn't raking the pot.
Suck dope, watch TV, make up stuff, be somebody on the internet.
May 19th, 2016 at 8:26:56 PM
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Quote: WizardofnothingI'm open to wagers that say he DOES NOT do any jail time
I just read the indictment. I think Martha Stewart went to jail for less.
BUT not all sentences are equal, so there's that.
Sanitized for Your Protection
May 19th, 2016 at 8:27:08 PM
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Quote: WizardofnothingLol. Since its only 100 I'll take even money
Great, it's a bet. Martha Stewart wants some action on this too.
At my age, a "Life In Prison" sentence is not much of a deterrent.
May 19th, 2016 at 8:32:58 PM
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The laws were MUCH much different when she was convicted , the government has since been handcuffed as to what insider trading is
No longer hiring, don’t ask because I won’t hire you either
May 19th, 2016 at 8:44:00 PM
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Quote: WizardofnothingThe laws were MUCH much different when she was convicted , the government has since been handcuffed as to what insider trading is
You might be right, I know very little about it. I just know the other party has pleaded and given them lots of ammo. We will see. It will be enjoyable to watch how it plays out.
At my age, a "Life In Prison" sentence is not much of a deterrent.
May 19th, 2016 at 8:48:38 PM
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http://www.cnbc.com/2014/12/11/fallout-from-the-newman-chiasson-ruling-on-insider-trading.html
No longer hiring, don’t ask because I won’t hire you either
May 19th, 2016 at 9:05:23 PM
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Quote: Wizardofnothinghttp://www.cnbc.com/2014/12/11/fallout-from-the-newman-chiasson-ruling-on-insider-trading.html
I don't know, these guys were disguising their conversation in code. Not exactly acting casually, like they didn't know what they were doing.
Sanitized for Your Protection
May 19th, 2016 at 9:19:26 PM
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Well, so far in this thread, I think there's about 8 or 9 of you guys who already have him convicted and signing up for license plate class. What happened to that stuff about innocent until proven guilty? Of course, I'm a soft heart, I still think Jodi Arias was innocent.
'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.
May 19th, 2016 at 9:40:15 PM
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Nah, I wouldn't take either side of the "convicted" bet. I think the Southern District of New York office of the US DOJ that is doing this has a reputation for being very thorough & successful in bringing these cases, but Walters has also got a pretty good track record for slithering off the hook of other criminal indictments. So I think even money looks like a pretty solid line to me. And this has little to do with my opinion of him as a major league scumbag; that's been thoroughly established in his extremely well documented corrupt gov't flips land scams for decades for anyone who cares to invest minutes of time to look.
Suck dope, watch TV, make up stuff, be somebody on the internet.
May 19th, 2016 at 9:50:07 PM
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Quote: bobbartop...I can't help thinking of a couple dozen politicians off the top of my head who should be doing life without parole...
Change "couple dozen" to "many thousands" and I'll agree with you.
DUHHIIIIIIIII HEARD THAT!
May 19th, 2016 at 9:51:14 PM
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I'm not saying he won lt get convicted I'm just saying given age and other mitigating factors he may plead guilty for a large large fine - and probation
They fact that nickelson wasn't charged speaks volumes
They fact that nickelson wasn't charged speaks volumes
No longer hiring, don’t ask because I won’t hire you either
May 19th, 2016 at 10:51:13 PM
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Can I parlay it with Hilary Clinton being sent to jail and the loch ness monster being found
"Man Babes" #AxelFabulous
May 20th, 2016 at 3:22:33 AM
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stock symbol for Dean Foods is DF
pretty flat running stock, one big exception being in May 2013, when it dropped about 22 points [something similar in 2007]. A lot of money to be made shorting it.
pretty flat running stock, one big exception being in May 2013, when it dropped about 22 points [something similar in 2007]. A lot of money to be made shorting it.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
May 20th, 2016 at 6:04:34 AM
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Real Estate, fraud, and crooked roulette wheels made him good coin, his sportsbetting prowess is highly overrated and overestimated.
May 20th, 2016 at 7:41:58 AM
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Quote: WizardofnothingI'm not saying he won lt get convicted I'm just saying given age and other mitigating factors he may plead guilty for a large large fine - and probation
They fact that nickelson wasn't charged speaks volumes
The fact that Mickelson was fined and had his name prominently appear in national news stories may also work in Walters' favor. The prosecutors are already getting positive press for "doing something" about insider trading. The government may not feel they need to be quite as aggressive to get good publicity. They can offer a plea deal and say justice was served. I agree. Walters will do little if any jail time. But I think a fine and probation are highly probable.
Variance giveth and variance taketh away.
May 20th, 2016 at 7:45:16 AM
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Think he does time
May 20th, 2016 at 8:23:10 AM
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This article has some details.
https://www.justice.gov/usao-sdny/pr/william-t-billy-walters-charged-manhattan-federal-court-insider-trading
https://www.justice.gov/usao-sdny/pr/william-t-billy-walters-charged-manhattan-federal-court-insider-trading
At my age, a "Life In Prison" sentence is not much of a deterrent.
May 22nd, 2016 at 5:08:26 AM
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Here's another from the on-line FORTUNE Magazine site.
"How Phil Mickelson Got a Mulligan on His Insider Trading Scandal"
http://fortune.com/2016/05/21/phil-mickelson-insider-trading-scandal/
"Nonetheless, according to the SEC’s complaint, the day after talking to Walters, Mickelson allegedly bought over 200,000 shares of Dean Foods or $2.4 million worth, according to the SEC complaint. Some of the shares were bought with margin—or money borrowed from the broker—and spread among three different accounts. A week later, Dean Foods announced it was doing a spin-off and that earnings were better than expected. Dean Foods’ shares spiked and Mickelson allegedly immediately sold, according to the SEC, pocketing nearly $1 million in roughly a week. Mickelson later allegedly used some of the money he made to pay back what he owed to the Walters, according to the SEC. Mickelson’s lawyer says the SEC has its facts wrong, but didn’t say which ones.
"How Phil Mickelson Got a Mulligan on His Insider Trading Scandal"
http://fortune.com/2016/05/21/phil-mickelson-insider-trading-scandal/
"Nonetheless, according to the SEC’s complaint, the day after talking to Walters, Mickelson allegedly bought over 200,000 shares of Dean Foods or $2.4 million worth, according to the SEC complaint. Some of the shares were bought with margin—or money borrowed from the broker—and spread among three different accounts. A week later, Dean Foods announced it was doing a spin-off and that earnings were better than expected. Dean Foods’ shares spiked and Mickelson allegedly immediately sold, according to the SEC, pocketing nearly $1 million in roughly a week. Mickelson later allegedly used some of the money he made to pay back what he owed to the Walters, according to the SEC. Mickelson’s lawyer says the SEC has its facts wrong, but didn’t say which ones.
There's emptiness behind their eyes
There's dust in all their hearts
They just want to steal us all and take us all apart
June 1st, 2016 at 2:41:37 PM
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Bail just set at $25 million.
http://af.reuters.com/article/commoditiesNews/idAFL1N18T0X6
The Feds are really serious on this one. What do we set the odds at that Walters will skip bail and disappear? We can also bet what country would he go to that would not extradite him.
http://af.reuters.com/article/commoditiesNews/idAFL1N18T0X6
The Feds are really serious on this one. What do we set the odds at that Walters will skip bail and disappear? We can also bet what country would he go to that would not extradite him.
At my age, a "Life In Prison" sentence is not much of a deterrent.
June 1st, 2016 at 4:31:48 PM
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IMO he's not the disappearing kind. Besides having so much wealth involved in complex triple-bank-shot gov't sponsored land scams that don't go in a duffel-bag, he thrives on promoting his own personality, he's very "connected" and a guy who believes (with good reason) that he can get into or out of just about anything with an "aw shucks, I'm just a nice country boy" line of BS. He made his first few million selling cars. He's not a William. He's "Billy." If he spends time as a guest of the Feds I believe he'll go there with a brass band and a publicist and will be thinking he'll leave with all their wallets and watches and shoes and lunch money, including the reporters & judge & the warden, and that he'll convince them to like it. And he might.Quote: DRich...What do we set the odds at that Walters will skip bail and disappear?...
But if I'm mistaken, leaving the $25m on the table won't be a problem for him.
Suck dope, watch TV, make up stuff, be somebody on the internet.
June 1st, 2016 at 4:39:27 PM
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Quote: WizardofnothingI'm not saying he won lt get convicted I'm just saying given age and other mitigating factors he may plead guilty for a large large fine - and probation
They fact that nickelson wasn't charged speaks volumes
I think Phil will eitherr perjure himself or hurt Billy's chances of beating the rap. I wonder if Special Agent Thomas B. Noble is involved again? He had delusions of grandeur and even bragged that the Mafia was behind the computer group. At 5:30 in the morning, Billy's wife was arrested downstairs, while Billy was still sleeping. Both he and his wife were led outside in handcuffs, before waiting reporters and photographers. Billy never held a grudge, but to this day is still pissed that at booking, his wife was led in with leg irons.
June 1st, 2016 at 4:40:01 PM
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It's only a property bond - so in essence it won't change anything - it's like giving someone the title to your car but keeping the car
No longer hiring, don’t ask because I won’t hire you either
June 10th, 2016 at 2:30:45 AM
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This is a nice story from the New York Times giving many details of the scam. The main protagonist, Thomas Davis is one of these Wall Street one percenters who fell way down and last month plead guilty to 12 felonies for insider trading. He's facing a possible 20 years in a Federal prison. Davis expected stuff from Walters, not always completely clear what he thought he would get,but in at least one instance it is clear - Walters guaranteed a $400,000 line of credit for Davis. It's a pretty interesting story.
http://www.nytimes.com/2016/06/10/business/how-keeping-up-appearances-ruined-a-former-dallas-banker.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=second-column-region®ion=top-news&WT.nav=top-news
http://www.nytimes.com/2016/06/10/business/how-keeping-up-appearances-ruined-a-former-dallas-banker.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=second-column-region®ion=top-news&WT.nav=top-news
the foolish sayings of a rich man often pass for words of wisdom by the fools around him
June 18th, 2016 at 11:55:40 AM
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Happy father's days, Billy. Scott is so lucky to have you and Susan as his parents
June 18th, 2016 at 2:36:43 PM
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Wow!!!!! Why????????????
No longer hiring, don’t ask because I won’t hire you either
June 18th, 2016 at 8:53:23 PM
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http://www.sandiegouniontribune.com/news/2014/jun/13/billy-walters-gambler-extraordinare/2/
At his birth, Scott Walters seemed healthy and happy. As a boy, though, he was diagnosed with brain cancer — and his parents faced an impossible choice. If surgeons removed the tumor, they would also destroy part of Scott’s brain; if left undisturbed, the tumor would kill the boy.
I think Scott is 47 or 48 now. Billy has donated over $10,000,000 to charities that help children with disabilities. Never known him to mention it or his son to the general public. Sadly by next fathers day or the one after, Billy will be in jail.
Forget all those bullshit movies and tv shows. Most bookies are stand-up guys and good family men.
At his birth, Scott Walters seemed healthy and happy. As a boy, though, he was diagnosed with brain cancer — and his parents faced an impossible choice. If surgeons removed the tumor, they would also destroy part of Scott’s brain; if left undisturbed, the tumor would kill the boy.
I think Scott is 47 or 48 now. Billy has donated over $10,000,000 to charities that help children with disabilities. Never known him to mention it or his son to the general public. Sadly by next fathers day or the one after, Billy will be in jail.
Forget all those bullshit movies and tv shows. Most bookies are stand-up guys and good family men.
June 18th, 2016 at 9:04:42 PM
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Quote: DRichBail just set at $25 million.
http://af.reuters.com/article/commoditiesNews/idAFL1N18T0X6
The Feds are really serious on this one. What do we set the odds at that Walters will skip bail and disappear? We can also bet what country would he go to that would not extradite him.
Only gambler to disappear while in Fed spotlight was Julius the Lord Salisbury. A Baltimore boy before Wiz's time frame. He disappeared in 1970. Only at his wife and daughters request. http://articles.baltimoresun.com/2006-10-21/news/0610210290_1_bookmaking-gambling-baltimore
Like Billy Feds had a hot nut for him A few hours after raiding the oasis and being arrested, the Supreme court struck down the gambling tax law. Gambling was illegal, especially if you did not have a gambling tax stamp.
June 18th, 2016 at 10:18:39 PM
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Anyone seen a story about just exactly what Phil Mickelson was betting with Walters on? Was it golf or football games or what? Thanks.
June 19th, 2016 at 7:54:36 AM
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This:Quote: WizardofnothingWow!!!!! Why????????????
Quote: onalinehorseLook at me, look at me, everybody MUST look at ME right now! Because I'm Buzzard at a keyboard in Grand Junction, CO (and the other several hundred identities chattering in the Buzzard-brain) and I'm so cool 'cause I can spam websites that I've been kicked off of. And I want you to see I must be a really clever special kind of guy to make so many fake online IDs on a forum. And you should know that I'm connected to the mob and know all about all kinds of really cool big cheese criminals, because of course the first thing all mob people do is advertise themselves and their mob connections in public web discussion forums hundreds upon hundreds of times to make sure everybody knows that I know a lot.
Suck dope, watch TV, make up stuff, be somebody on the internet.
June 19th, 2016 at 8:09:18 AM
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Get a job with the FBI already. They have been trying to tie Billy in with the mobs for years. as for the rest of that bullshit, have a nice day. Never said I knew Billy, did know Julius. Happy fathers day to you too.
June 19th, 2016 at 9:58:53 AM
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I was just asking why you care to add something about someone's family- it's kind of unneeded and rude
No longer hiring, don’t ask because I won’t hire you either
June 19th, 2016 at 10:18:19 AM
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I believe it was almost certainly directing its remark at me, not you. I certainly hope so. It is a banned former member who has been trolling the site with bullspit under many fake names for a long time. It has a small fan club, but the neverending bizarre presence of it and some similarly messed up individuals (but a large number of online screen names and posts) is a major reason the site remains small & the forum is frequently seen as barking-at-the-moon kooky-creepy by many ordinary folk with an interest in the subject matter who've casually checked it out looking for information. I'm delighted to have it bark at me. If one's character is judged by the company you choose to keep, then it is at least equally measured that those you don't. This, I don't.
Suck dope, watch TV, make up stuff, be somebody on the internet.
June 19th, 2016 at 10:36:19 AM
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I'm not up to date; who was buzz? And why is he trolling so much( if that's what he is officially doing)?
No longer hiring, don’t ask because I won’t hire you either
June 19th, 2016 at 7:28:05 PM
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Quote: DrawingDeadI believe it was almost certainly directing its remark at me, not you. I certainly hope so. It is a banned former member who has been trolling the site with bullspit under many fake names for a long time. It has a small fan club, but the neverending bizarre presence of it and some similarly messed up individuals (but a large number of online screen names and posts) is a major reason the site remains small & the forum is frequently seen as barking-at-the-moon kooky-creepy by many ordinary folk with an interest in the subject matter who've casually checked it out looking for information. I'm delighted to have it bark at me. If one's character is judged by the company you choose to keep, then it is at least equally measured that those you don't. This, I don't.[/
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Happy Fathers day to you and your Dad LARRY. GSIYHAPIDAYE
Put me in RED Babs darlin'. Render unto Zuga that which is his.
Besides 3 of Josie's meds are tier 4, 1 is tier 5, so I will be too busy looking for job to post here.
Gotta love that Medicare donuthole . LOL
April 7th, 2017 at 11:15:06 AM
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Billy Walters trial has gone to the jury. I would expect a verdict early next week.
At my age, a "Life In Prison" sentence is not much of a deterrent.
April 7th, 2017 at 12:02:49 PM
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FREE BILLY?Quote: DRichBilly Walters trial has gone to the jury. I would expect a verdict early next week.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
April 7th, 2017 at 12:12:16 PM
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lol that long time $100 bet looking like it's going to pay off? I haven't been following the case and have no idea which way it's even leaning.Quote: DRichBilly Walters trial has gone to the jury. I would expect a verdict early next week.
Playing it correctly means you've already won.
April 7th, 2017 at 12:42:28 PM
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Quote: Romeslol that long time $100 bet looking like it's going to pay off? I haven't been following the case and have no idea which way it's even leaning.
In this case probably guilty
This was not a rush to trial case due to public pressure
Prosecutors only go to trial if they think they can win
When somebody doesn't believe me, I could care less. Some get totally bent out of shape when not believed. Weird. I believe very little on all forums
April 7th, 2017 at 1:31:13 PM
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Quote: terapinedIn this case probably guilty
This was not a rush to trial case due to public pressure
Prosecutors only go to trial if they think they can win
Feds win 95%. Billy found guilty. max is 20 years. No parole on Fed, 54 days good behavior a year. might mean 17 if her gets 20. Phil gives profit back, never testifies, takes a walk, Guess it pays to be a golfer, not a gambler?
