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Tag: news leak

FBI Agent’s Leaks to Media May Have Upended Case Against Las Vegas Gambler

Las Vegas gambler William Walters on 60 Minutes.

Las Vegas gambler William Walters on 60 Minutes.

By Steve Neavling
ticklethewire.com

The FBI’s case against Las Vegas gambler William Walters may be derailed after a federal agent admitted leaking confidential information to reporters.

A judge on Wednesday criticized the agent and indicated that Walters’ lawyers would file a motion to dismiss the major insider trading case, the New York Times reports. 

“To say I was shocked would be an accurate statement,” Judge P. Kevin Castel of Federal District Court in Manhattan said of the leaks.

Walters is accused of raking in $40 million by using illegal stock tips.

An FBI agent admitted to prosecutors that he was a “significant source of confidential information” for reporters writing about the investigation.