The Golden Lounge

[Mr. Bill]

In China the whole lot would have been executed. There they have very strict rules and regulations and follow them to a T. They had several folks who had insider trader violations. They offered to give all the money back and more. Nope. The penalty handed down was death. A few folks got life in prison with no parole.

In the USA the SEC rewards them.

No, it was $55K and the return of sales of 20,000 shares or so.

His buddies who sold the other 118,000 shares as insiders got to keep their fraudulently acquired gains.

A fish rots from the head down.