Donald Trump: Insider trading in Trump media shares. Three men are on trial in Florida.
They have admitted to using their insider knowledge of the IPO of Donald Trump's media company for illegal stock trading. The men - two brothers named Michael and Gerald Shvartsman and the informant Bruce Garelick - earned $23 million by selling warrants and shares in the special purpose vehicle involved, Digital World. All three defendants had originally pleaded not guilty but changed their strategy in light of the evidence.