In 2017, Billy Walters was convicted in federal court of several charges related to securities fraud (insider trading). However, it appears that Mr. Walter’s conviction will be overturned due to rampant misconduct during the course of the Government’s investigation and during his prosecution. In fact, allegations and proof of misconduct has been determined in several prosecutions coming out of the Southern District of New York. The pattern of misconduct includes knowing about and approving FBI leaks of grand jury testimony to the media and lying to a federal Judge about it, pressuring compromised witnesses into changing their story and lying, pressuring an exculpatory witness into pleading the fifth amendment, suppressing exculpatory evidence and violating the rights of the accused.
