“Zipper” freed of drugs charge

first_img– CANU failed to provide sufficient evidenceAndre Gomes, called “Zipper,” was on Thursday freed of drug trafficking charges by Georgetown Magistrate Leron Daly, who ruled that the Customs Anti-Narcotics Unit (CANU) had been unable to support their allegations against Gomes with enough evidence to warrant a conviction.Freed: Andre “Zipper” GomesGomes, 57, of Craig Street, Campbellville, Georgetown, had been arraigned on trafficking in narcotics charges after a search carried out at his residence had allegedly unearthed 992 grams of cocaine, a quantity of cash, jewellery, and other valuables.Based on reports received, ranks of the drug enforcement unit had swooped down on Gomes’s residence and conducted a search which unearthed the cocaine. Upon its discovery, the owners – Andre Gomes, called “Zipper,” and his wife — were arrested. The case against his wife was later dropped.Reports are that the couple has been under surveillance by drug enforcement officers for quite some time.last_img read more

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SEC v The Wylys Insider Trading Trial Goes Way Beyond Texas

first_imgNot a subscriber? Sign up for The Texas Lawbook. Lost your password? Password Dallas billionaire investor Sam Wyly wrote in his book 1,000 Dollars and an Idea that “the world owes a debt of gratitude” to junk bond king Michael Milken. Wyly is now on trial in the very same federal courthouse in New York where Milken pleaded guilty 24 years ago this month to financial fraud and insider trading.The SEC accuses Wyly and the estate of his deceased brother, Charles Wyly, of profiting more than $550 million from an elaborate fraud that violated insider-trading laws through the use of offshore trust accounts. Securities lawyers in Texas say . . .You must be a subscriber to The Texas Lawbook to access this content.center_img Remember me Usernamelast_img

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