Forget something? Wall Street fat cat facing 20 years prison for 13 counts of insider trading bolted from court so fast he lost his flip flops

Forget something? Wall Street fat cat facing 20 years prison for 13 counts of insider trading bolted from court so fast he lost his flip flops


‘A Wall Street investor accused of insider trading over half a million dollars bolted from the press pack waiting for him outside court in New York today, sprinting so fast he left one of his flip flops on the sidewalk.
Michael Lucarelli was arrested Tuesday morning at his apartment on the Upper East Side and immediately faced Manhattan Federal Courthouse.
The 51-year-old director of market intelligence at Lippert/Heilshorn & Associates allegedly used non-public information from draft press releases to cash in on the stock market.’
Read more: Forget something? Wall Street fat cat facing 20 years prison for 13 counts of insider trading bolted from court so fast he lost his flip flops
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