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By Matthew Russell Lee, Patreon, Thread Video
Honduras - The Source - The Root - etc

SDNY COURTHOUSE, Oct 23 –From Buffalo Wild Wings to a London insiders traders love next, an arrest on Friday October 18 led to an unsealed indictment on October 21 in the U.S. District Court for the Southern District of New York. No honor, nor borders, among thieves.  On October 22 the US Attorney's Office announced more, below.

  But the cases are split between SDNY judges, which Inner City Press will cover. Before an unsuccessful October 23 bail argument, ReedSmith argued to Judge Denise Cote: "Re: United States v. Nikas, et al.; 19 CRIM 716 Dear Judge Cote: In anticipation of the bail hearing scheduled for today at 12:45 pm, we write to bring additional information to the Court’s attention. Several hours after the defendant filed his renewed application for bail with this Court yesterday afternoon, Judge Pauley denied the government’s application to detain Bryan Cohen, an unidentified coconspirator in the case against Mr. Lavidas, who was charged in a separate indictment (19 CRIM 741) alleging his participation in the insider trading conspiracy involving Mr. Nikas and Mr. Lavidas. Similar to Mr. Lavidas, Mr. Cohen was arrested last Friday when his indictment was unsealed. Mr. Cohen was released on bond by Magistrate Judge Aaron shortly after his arrest, and Judge Pauley affirmed this decision yesterday over the strenuous objection of the government. The government urged Judge Pauley to detain Mr. Cohen, describing him as a significant participant in an international insider trading ring who was facing 4-5 years in prison. The government argued that: Mr. Cohen was a French national and not a U.S. citizen; France would not extradite Mr. Cohen as a French national; Mr. Cohen was not married, had no children, and no family members in the U.S.;  Mr. Cohen had been put on leave by his employer and had no employment in the U.S.;  Mr. Cohen owned no property in the U.S.; Mr. Cohen used “burner phones” to evade U.S. law enforcement;  When he was arrested, $24,000 in cash was found hidden in any eyeglasses case in a closet in Mr. Cohen’s apartment; and  Mr. Cohen also concealed hundreds of thousands of dollars of overseas assets and offshore accounts from Pretrial Services. Despite the fact that Mr. Cohen was a foreign national with no significant ties to the U.S., Judge Pauley held that there were conditions that could be fashioned to assure Mr. Cohen’s continued appearance. Accordingly, Judge Pauley released Mr. Cohen on a $750,000 bond to be secured by $250,000 in cash and a $500,000 personal recognizance bond secured by three financially responsible people.   Given the fact that Mr. Lavidas is a U.S. citizen with a pregnant wife, a 14-month-old child and two sisters living with him in New York, and considering Mr. Lavidas’s deep family and social ties to the District, counsel would urge this Court to release Mr. Lavidas under the proposed bond conditions set forth in our application, or in the alternative, conditions similar to those imposed by Judge Pauley for his alleged co-conspirator, Mr. Cohen. Respectfully submitted, REED SMITH LLP By: /s/ Jennifer L. Achilles." Unsuccesful.

 On October 18 Bryan Cohen of Goldman Sachs was arrested for insider trading including on Buffalo Wild Wings. Then on October 21 an indictment was unsealed, against Darina Windsor and Benjamin Taylor of Moelis & Co..

    It says that Windsor and Taylor "were involved in a romantic relationship with each other and resided together in an apartment located in London."

   Windsor sent an email to Taylor headed, "Once upon a time, there was a Pops search for Truffles in the Forest." Attached to the email was confidential information related to Onyx...

    Now a day after Inner City Press reported the above, the US Attorney for the SDNY has put out a press release, including: "the unsealing of four indictments and the arrests of three members of a wide-ranging international insider trading ring.  BRYAN COHEN, an investment banker based in New York, and TELEMAQUE LAVIDAS, the son of a member of the board of directors of Ariad Pharmaceuticals, Inc. (“Ariad”), which, until 2017, was a Boston-based publicly traded company, were both arrested on Friday in Manhattan.  JOSEPH EL-KHOURI, a securities trader, was arrested yesterday in the United Kingdom, and the United States Government will be seeking his extradition to the United States.  BENJAMIN TAYLOR and DARINA WINDSOR, former investment bankers who worked in London, as well as GEORGIOS NIKAS, a securities trader who also owns various business interests in Europe and the United States, including a chain of Greek restaurants in New York, remain at large." We will be in the Magistrates Court. Watch this site.