Mychal Kendrick’s is in trouble

[PrincetonTiger]

Browns LB Mychal Kendricks has been charged with Insider Trading based on deals he made as an Eagle

 

 

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[Statiik82]

Just saw this... yikes!

[PrincetonTiger]

The Browns have already announced the MK will not make the trip to Detroit

 

 

 

BTW

 I hate autocorrect 

[lollygagger8]

[NextGenerationLuck]

4 minutes ago, lollygagger8 said:

Best thing I’ve seen all day

[PrincetonTiger]

According to the report MK earned about 1.2 Million on tips his got for such “gifts” as Eagles Tickets

[csmopar]

whelp, he's going to jail.  The SEC frowns heavily on that...

[jvan1973]

The judge will punish him by making him play the rest of his career with the browns

[Buck Showalter]

57 minutes ago, jvan1973 said:

The judge will punish him by making him play the rest of his career with the browns

Bwaha...

Cruel & unusual punishment!!!

[Cynjin]

13 hours ago, jvan1973 said:

The judge will punish him by making him play the rest of his career with the browns

 

Apparently the Browns cut him.

[pgt_rob]

Yeah... So I'm assuming he's going to do a little bit of prison time over this?

[PrincetonTiger]

1 minute ago, pgt_rob said:

Yeah... So I'm assuming he's going to do a little bit of prison time over this?

It might depend on the Defense team he gets

 

     He will definitely be convicted 

[ColtsBlueFL]

1 hour ago, pgt_rob said:

Yeah... So I'm assuming he's going to do a little bit of prison time over this?

 

Martha Stewart got 5 months in Federal prison, and 2 years supervised release. If it is proven Kendrick's made buying/selling decisions based upon knowledge not available to all other investors, I expect something similar at the minimum.

 

I heard (not confirmed) he turned 80k into 1.2 million...

[PrincetonTiger]

22 minutes ago, ColtsBlueFL said:

 

Martha Stewart got 5 months in Federal prison, and 2 years supervised release. If it is proven Kendrick's made buying/selling decisions based upon knowledge not available to all other investors, I expect something similar at the minimum.

 

I heard (not confirmed) he turned 80k into 1.2 million...

That is why I said what I did

 

   From the reports from yesterday he made 1.2 Million but hadn’t heard from what t

      Thanks

[jvan1973]

2 hours ago, PrincetonTiger said:

It might depend on the Defense team he gets

 

     He will definitely be convicted 

He admitted it.   His defense will be trying to get a light sentence in a plea deal 

[PrincetonTiger]

1 minute ago, jvan1973 said:

He admitted it.   His defense will be trying to get a light sentence in a plea deal 

Agreed

 

   Plus- He admitted to it

   Minus- It happened 2 years ago

[pgt_rob]

42 minutes ago, ColtsBlueFL said:

 

Martha Stewart got 5 months in Federal prison, and 2 years supervised release. If it is proven Kendrick's made buying/selling decisions based upon knowledge not available to all other investors, I expect something similar at the minimum.

 

I heard (not confirmed) he turned 80k into 1.2 million...

 

That's what I was thinking too. I remember Martha Stewart only had to serve 5 months in prison so I kinda thought it may be a similar case. 

[PrincetonTiger]

1 minute ago, pgt_rob said:

 

That's what I was thinking too. I remember Martha Stewart only had to serve 5 months in prison so I kinda thought it may be a similar case. 

The one difference is that Martha maintained her innocence until her conviction 

[Cynjin]

29 minutes ago, pgt_rob said:

 

That's what I was thinking too. I remember Martha Stewart only had to serve 5 months in prison so I kinda thought it may be a similar case. 

 

27 minutes ago, PrincetonTiger said:

The one difference is that Martha maintained her innocence until her conviction 

 

I believe Stewart was sent to prison for lying to the FBI, not for insider trading.

[RollerColt]

The ironic thing? He was shown in Hard Knocks doing the exact thing he was convicted of! 

[PrincetonTiger]

1 minute ago, Cynjin said:

 

 

I believe Stewart was sent to prison for lying to the FBI, not for insider trading.

Agreed 

   She maintained her innocence until after her sentence was announced 

[jvan1973]

8 hours ago, Cynjin said:

 

Apparently the Browns cut him.

Whew.  He got lucky.  Just a prison sentence.   

[PrincetonTiger]

2 minutes ago, jvan1973 said:

Whew.  He got lucky.  Just a prison sentence.   

   Cruel an Unsual Punishment playing for a certain coach

[ColtsBlueFL]

2 hours ago, PrincetonTiger said:

The one difference is that Martha maintained her innocence until her conviction 

 

That is a plus for Kendricks, (cooperation) yet there has been an escalation of punishment for white collar crime since then as well, especially in the southern district of NY cases. ( not sure where this one plays out at). But his case seems small potatoes in the grand scheme of things. So...  maybe he gets some leniency.

[PrincetonTiger]

3 minutes ago, ColtsBlueFL said:

 

That is a plus for Kendricks, (cooperation) yet there has been an escalation of punishment for white collar crime since then as well, especially in the southern district of NY cases. ( not sure where this one plays out at). But his case seems small potatoes in the grand scheme of things. So...  maybe he gets some leniency.

Agreed

[NFLfan]

8 minutes ago, ColtsBlueFL said:

But his case seems small potatoes in the grand scheme of things. So...

 

That's what I thought.

[coltsfeva]

 Just glad the Colts didn’t go for him. After Hank Baskett and Todd Herrimens we haven’t had too much luck with ex-Eagles.