Truth Social stock hustlers indicted on insider trading charges

Federal prosecutors on Thursday announced three executives with Digital World Acquisition Corporation – the scam operation meant to merge with Truth Social parent Trump Media and Technology Group to turn TMTG into a publicly traded company – for insider trading charges after they leveraged their knowledge of the announcement of the still-pending and probably doomed deal to turn $22 million in illegal profits. Michael Shvartzman, Gerald Shvartzman, and Bruce Garelick bought up millions of shares in DWAC before the Trump deal was announced. All three were cuffed by FBI agents in Florida on Thursday and face decades of shower shenanigans in federal prison.

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