2 brothers who helped fund Trump Media company plead guilty to insider trading

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Two brothers who helped fund former President Trump's now-public social media company pleaded guilty Wednesday to insider trading.

Wednesday, April 3, 2024 5:35PMnow-public social media company pleaded guilty Wednesday to insider trading.

Michael Shvartsman, 52, of Sunny Isles Beach, Florida, and Gerald Shvartsman, 45, of Aventura, Florida, wereEach of them faces up to 20 years in prison when they're sentenced in July, but prosecutors agreed to recommend a sentence of about three years.

 

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