| Sergei Polevikov on Security
Fraud Charges Was Released on $1.5M Bond Now
Asks Extra Week
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- ESPN
SDNY COURTROOM,
Oct 6 –
In the U.S. District Court for
the Southern District of New
York on September 23, a
presentment and possible
detention hearing was held by
Magistrate Judge James L. Cott
on securities fraud defendant
-- and apparently Belarus
dissident -- Sergei Polevikov,
charged with "misappropriating
confidential information about
pending trades by his
employer."
Inner City
Press went to cover it, and
live tweeted it here
(and researched, see
below)
Now on October 6,
the day before Polevikov was
supposed to meet the
conditions of his $1.5 million
bond, his new lawyer Michael
Gerber of Lankler Siffert
& Wohl has written to
Magistrate Judge Cott asking
for an extra week, to October
14. It is unclear why the
change of counsel impacted the
co-signers. Watch this site.
From September
23: Polevikov is in jeans and
a turqoise T-shirt. He was
arrested last night at 9 pm.
He has 2 Simpson
Thatcher lawyers. "For
presentment only."
Magistrate
Judge Cott: You are charged
with fraud [3 kinds].
AUSA Kirsten
Fletcher: We propose pre-trial
release $1.5 million bond,
secured.
AUSA: He
can spend up to $500,000 on
legal fees. Defense: Agreed.
The wife [Maryna Arystava -
trades were allegedly in her
name] is not employed but is
co-owner of the residence.
Judge Cott: I
agree to the conditions of
release.
Simpson Thatcher's Brooke
Cucinella was apparently the
Criminal Justice Act panel
counsel on duty.
Fast
research finds Polevikov, who
was at Oppenheimer Funds from
2004 to 2019, for now at
WellAI and "Doc in a Pock" -
and that Polevikov tweeted
against Lukashenko of Belarus,
even this week, about
President Biden's speech at
the UN General Assembly.
Inner City Press
ran back to the Magistrates
Court and asked him about it.
He said he had to go.
The case is US v.
Polevikov, 21-mj-9162 (Cott)
***
Your
support means a lot. As little as $5 a month
helps keep us going and grants you access to
exclusive bonus material on our Patreon
page. Click
here to become a patron.
Feedback:
Editorial [at] innercitypress.com
SDNY Press Room 480, front cubicle
500 Pearl Street, NY NY 10007 USA
Mail: Box 20047, Dag
Hammarskjold Station NY NY 10017
Reporter's mobile (and weekends):
718-716-3540
Other, earlier Inner City Press are
listed here,
and some are available in the ProQuest
service, and now on Lexis-Nexis.
Copyright 2006-2021 Inner City
Press, Inc. To request reprint or other
permission, e-contact Editorial [at]
innercitypress.com
|
,
