Subject: Re: Inside the Trump SPAC IPO Debacle
"Michael Shvartsman, the venture capitalist, and his brother, Gerald Shvartsman, both previously pleaded not guilty to criminal charges of insider trading and conspiracy, related to trading securities of the shell company that merged with Trump Media last week.
A new court filing Monday (April 1) revealed that a change of plea hearing for the brothers will be held Wednesday (April 3) afternoon in U.S. District Court in Manhattan. A change of plea hearing typically involves a defendant pleading guilty.
Also Monday (April 1), New York defense attorney Alan Futerfas filed a notice with the court that he had joined Michael Shvartsman's legal team."
Some defense!! "A friend of ours sent me, Mr.Shwats, uh, Sh!ttz, uh, what is this... Shchwitzserman? It'd be a shame if youse was to get hit by a truck.'"
"Futerfas has represented Donald Trump in the past, as well as Trump's adult children and his company, the Trump Organization, in various legal matters.
In a brief phone call with CNBC on Monday, Futerfas said he could not talk about the case and whether Shvartsman would plead guilty, nor why he had been hired to represent him."