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....more info.... According to Brazilian prosecutors, the brothers minimized losses “through the purchase and sale of shares and profited by buying dollars based on privileged information they had about the plea bargain agreement they had negotiated with the prosecutor general.”

From Feedstuffs magazine another tidbit...

The Federal Prosecutor's Office in São Paulo, Brazil, has officially charged brothers and business owners Joesley and Wesley Batista -- controllers of J&F Investimentos S.A. (J&F), which owns JBS S.A. -- for insider trader trading that occurred prior to them signing a plea deal in May.

Makes you wonder about beef pricing and marketing....

1 posted on 10/14/2017 6:21:16 PM PDT by ptsal
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To: ptsal

Uh ... does this mean Wesley and Joesley Batista are members of the John Birch Society???


2 posted on 10/14/2017 6:42:48 PM PDT by Ken522
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To: ptsal

They’ll probably be sent to the same prison Martha Stewart went to. Hope they can cook or they’ll get real bored.

rwood


4 posted on 10/14/2017 7:56:27 PM PDT by Redwood71
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