Massive Fine for Superyacht Owner’s CRIMINAL Offences | SY News Ep321

#superyacht #superyachts #yachts #boats
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00:00 Joe Lewis MASSIVE Fine
04:13 Feadship’s latest launch at Makkum shipyard
07:33 Friday Yotspot
10:37 New Feature coming this Sunday!
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[@richardpatton2502]

I was going by a shipyard one of these days and I heard a ships horn…I immediately said to myself: “This is super yacht news with Esysman” 😂 All the best to everyone

[@seeratlasdtyria4584]

INSIDER trading by someone other than the American Congress? INCREDIBLE!!!!!

[@HTHAMMACK1]

Bingo!

[@kfeltenberger]

@@HTHAMMACK1 They hate competition!

[@christhomas9842]

Nobody can touch congress it’s so blatant it’s numbing.

[@Anonymous-pm7jf]

Take a breather there bud lol

[@kfeltenberger]

@@Anonymous-pm7jf so says the anonymous clown.

[@steveshoemaker6347]

This another fine Superyachts video and thanks so much my friend 👍 Old F-4 Shoe🇺🇸

[@applejacks971]

I think the US attorney should leave the rest of the world alone and start prosecuting US senators/congressmen for insider trading. They have a $175,000/year salary, yet after 4 years they are all worth over $20 million. Its a fact their investment returns are 25% while 'regular' investors are 3-5%. The US government is corrupt af

[@JamesStrowd]

You beat me to it, so true.

[@VictoriaAlfredSmythe]

Big Mouth scores his Adderall from Barron

[@JG-mp5nb]

We’re talking about a a billionaire. No comparison with mere millionaires.

[@olasek7972]

you sound like a Russian troll

[@montyforster3370]

No he shouldnt go ti jail or else ooen up the big doors for everyone from politicians to laymen who happen along into these tips. Some other form of securities surveilance must be installed in the future to avail a cleaner transaction system be adopted. Accountants are paid millions to find breaks in the welds of these issues.

[@robertbroadway9753]

The Judge made the appropriate decision. In prison the state pays his medical charges while on the outside HE pays for medical.

[@fredcomstock1100]

The PTO/IPO technology has been used by Tesla from before 2012 with regenerative breaking. The same motor used to propel the vehicle is used to generate electricity. In this case, to recharge the battery while slowing the vehicle. Feadship has always been a leader in the marine industry and I am glad to see this technology finally make its way to yachts. Thank you for the info and congrats to Feadship.

[@TrevorDennis100]

This ferry that the last yacht spot photo was taken from @9:45 . Was is it hundreds of feet tall, and did it have trees growing on it? Just wandering.

[@budgetaudiophilelife-long5461]

THANKS ESYSMAN,🤗…WE LOVE ❤️ SEEING THE NEW TECHNOLOGY…EVERYWHERE 😎💚💚💚😊

[@giorgioodello4331]

The sailing yacht spotted is a Perini yacht: looking at their website she should be the 70m S/Y Badis

[@stefanrobertz9547]

The sailing yacht in casablance seems to be BADIS 1, a Perini Navi build, 70 Meters 887 GT

[@barbanegracaptain4153]

Owned by the King of Morocco

[@Captain_Cinnamon]

Ngl Lewis sounds like a pro friend🎉

[@guyspooner4580]

That’s the bit which gets me. It’s seems a strangely motivated prosecution. He wasn’t profiting from any of this just trying to do his friends a solid. Yes he was breaking the trust of his position in disclosing inside information. But Ffs, there are much more culpable fish to fry in the US political cabal who seem to think they can act with total impunity. Past Presidents included. They betray the public

[@yvonnetomenga5726]

The last 2 Yachts are amazing looking.

[@paulelder5961]

Your first intro starting at 0:05 has the template instructions, reading "LARGE TICKER TEXT UPPER CASE" as well as "Black ticker text case sensitive", FYI

[@GeofCates8075]

Thank you to all the people who take pictures and send them in. Awesome to see Yersin. That new yacht looks stunning

[@jobson586]

the old dodgy health Card played with great success, noted.

[@d.t.4523]

Thank you, keep working.

[@dasaniman1]

Great job as always. FYI for some reason when my name scrolls by my name is shown twice, one after another. Time stamp 1:42 Greg Purinton Greg Purinton. I feel special 😂

[@csjrogerson2377]

Shaft generators are not new but using stored energy to run the shaft via the same unit certainly is. We had shaft generators in HMS Cordella in the Falklands War and they worked very well.

[@purplepeoplesparty2368]

Feadship 1012 should be named - "Life's a Beach" 🤣

[@maryholder3795]

😂🤣😵‍💫🤣😂

[@41istair]

9:18 Perini Navi S/Y 70m BADIS formerly Sybaris

[@skiingfast1]

That's right.

[@richardlawton1023]

Super nice

[@tomrut3653]

Do you have to pay to see the AIS data?

[@flik322]

YES!

[@Tony-InLosAngeles]

Is there a specific name for the piece of metal on the bow at water line?

[@StormyDog]

He was one heck of a boxer.

[@edmundwest5636]

Too sick for prison / too sick for cruising.

[@philhawley1219]

Lock him up with Leroy and Rastus to be their bitch. It will serve as an example to other "high net worth" dodgy dealers to watch their step.

[@csjrogerson2377]

An odd comparison!! I know which I'd rather have.

[@19JBow81]

10:21 Am not sure the email address shown to send footage to is correct…?

[@MrFuzrat]

Limitless was Malaga, it was my spot :D

[@mrahob275]

My home work port. Newport Among the things I do .. Program/reprogram AIS transponders. :)

[@yosu7334]

Sailing yacht Badis ex Sybaris. 70 meter perini Navi

[@LinaGenX]

QUESTION Yachts with support vessels like Wingman; is the support vessel where the staff stays, where they keep the toys etc so that the main yacht is mainly living quarters for the owner???

[@n-vital97]

As someone who works for one of these fleets, I feel I can answer this for you, In general, no, the crew for the main yacht are based and live aboard the main yacht as the vessels don’t always stay together and the main yacht need all their crew onboard, Having the support vessel allows for extra crew to allow turnover and crew leave to be possible, and even alternating between the yachts, the support yacht will carry extra tenders and toys and do a majority of helicopter operations to allow the main yacht to not have the disruption of the guests

[@LinaGenX]

@@n-vital97 thank you so much. Bon voyage whenever you travel

[@howdeedoodee6603]

@@n-vital97 Thanks for that !

[@lowandslow3939]

I watched Limitless squeak through the bridge opening to Simpson Bay in St Maarten while I was there on a much smaller vessel. (140’) It was a tight fit but she made it.

[@csjrogerson2377]

As the Actress said to the Bishop, "Its not the length that counts, its the width!"

[@lovesqn]

There are almost no boats in Maui. Very surprising considering how many people and the amount of wealth.

[@lakashii]

LARGE TICKER TEXT UPPER CASE

[@gbphil]

Confinement 24 hours a day in a self-funded private hospital room at the Mayo Clinic or Cedar Sinai for 3 years would appear to meet all the necessary criteria for both sides, not fresh air and total freedom.

[@DDPAV]

"some other quick-fire-yacht-spots"- being a long tie follower of this channel, that actually made me laugh. I mean yacht fires are a frequent thing here.

[@guyspooner4580]

Lithium ion batteries have entered the chat

[@rogercayer9764]

Many different laws works good a

[@SpectralAI]

Insider trading is wrong but it shouldn’t result in an effective death sentence. Plus the US selectively applies that law. Politicians engage in insider trading all the time. That’s how they get rich.

[@Beverretriver]

Sounds like a fairly decent boss, sharing lucritive information with the staff knowing the risks.

[@ritagriffin747]

Brain damaged. Imprison accountants/solicitors.

[@MAgaSUXX]

No prison

[@kef103]

Kinda telling how this yacht seemed to never get waxed and the hull eventually got dull and oxidized

[@reneweisz9157]

Prison! money is not a punishment for these people!

[@user-xv1nc7ns7n]

Frail? Here we go again.

[@ingejohansson4138]

👍👍👍👍👍

[@mojo6524]

tell the 1 MW of lithium batteries go up in smoke!

[@tylerljohnson]

fyi - the intial ticker has defailt text values in it, something to watch out for

[@davesy6969]

Surely superyachts have brigs.

[@jeffv.1743]

Maybe he's under house arrest. The house just happens to float.

[@johngibson3837]

Hey up a small fine is not enough for this, loved the look of that sailing yacht

[@denniswheatley8201]

Mr Lewis.... He is slicker than a snake dipped in Vaseline....

[@TesterAnimal1]

The rich never go to prison.

[@blingfire1850]

There are plenty of old, ill people in prison. Cruising the med doesn't make this seem like the right decision. House arrest maybe, because if he's healthy enough to be yachting, I'd say he's healthy enough for house arrest.

[@redwolfexr]

I think they are setting a precedent for a certain fat ex-president.

[@TheKaffeeKlatsch]

I don’t care if he made money off information he received….. when the same scrutiny is applied to politicians let me know.

[@user-zf9hn9ou8t]

What good are rules if they are not enforced. They should have taken the Yacht or a large enough amount to send a message. $5M for a man that owns a $100M yacht is pocket money. But 100% credit to Sysy for the coverage thank you.

[@Doubie.]

That’s not constitutional that would be a excessive fining someone it’s strictly prohibited by the 8th amendment the punishment has to fit the crime not the person you don’t like

[@derpderp.]

You think a hundred million dollar personal seizure is proportional to giving out stock tips

[@Anonymous-pm7jf]

"The punishment should fit the crime" The punishment for insider trading is prison time. Yet this billionaire paid his way out of prison. Peasants protecting their handlers never ceases to amaze me.

[@PerSkeles]

KZbin automatic subtitle translator says your name is Eismann.

[@eSysmanSuperYachts]

That’s his Jewish name.

[@markuswunsch]

The legal system is really funny... I had a case in court against me once and appeared with a highly competent but unknown lawyer for the first hearing which was a complete debacle so I switched to an extremely well-known law firm (who didn't really care about my case because I am a nobody) and they simply repeated what my previous lawyer already had told the court and yet the judges reaction was a very different!

[@mamdore]

It’s ok Congress can insider trade with no consequences

[@garylawrence7547]

It’s all just peanuts for this scoundrel. You could not fine these guys enough money such that it would even make a dent in their wallet. 3 years suspended. Wow!

[@paulkennedy4238]

What about everyone who works at the US federal Reserve! Inside of trading all of them

[@ianstewart6021]

I'm so ashamed and apologize for my behavior. Laugh I nearly bought my own drink. 😅

[@dcallan812]

He should be under house arrest, as well as the fine. Its just a slap on the hand the fine is big but he wont be bothered as the main one is the company's.

[@seeharvester]

Prison. And a billion pound fine.

[@billw3759]

Isn’t that something. Members of congress can receive inside info and profit off of the stocks, and that is all ok.

[@johnstreet797]

works for Pelosi

[@bnghjtyu767]

a lot of people that have gone to prison should be onhis Yacht for health reasons.maybe the judge should be on his Yacht for relieving the tension of all of his Job.

[@Truthinshredding1]

these guys don't care about fines. Jail time is the way to go.

[@dixiepixiew32]

0.007% of net worth as a fine, I am confident he’s all good.

[@johntaphouse5235]

"prison would be detrimental to his health" ? so what.. ive seen old men on Zimmer frames get prison term.. old men on oxygen masks getting sentences to prison... why is he so much better.... he is not sorry.. he knew what he was doing.. he is only ashamed that he got caught .. tell the lives he has destroyed that prison would not be good for him .. i would argue that prison would effect the health of 100% of the people who enter it i would even go further and say the rich and famous should be treated harsher than us mere mortals... they should know better... they have access the best (lol) legal minds on the planet.. those with the means should even be made to pay for there stay at the governments establishments

[@guyspooner4580]

“The lives he destroyed”?

[@rollgali5292]

small penalties for a large profits,,, good business again,,, why would age be a reason to scape punishment, and if so old people should not be allowed to make business or do anything that has a chance to commit mistakes if not a crime,,,

[@GARYINLEEDS]

Thanks for sharing, shared. God. Loves us. Mysteriously. I..Swear.

[@brucesteinkamp5871]

Don't do the crime if you can't do the time. If you want rich folks to stop doing the crime then you absolutely have to incarcerate.

[@deanraf]

Of course, why would anyone like him get locked up. Ask Martha what she thinks about it.

[@JelMain]

The Court has decided. That's it, end of story: any other opinions are private.

[@johnsmith-tn8rn]

Prison for an 87y/o? No. NY only puts people in jail for financial crimes that are well known, e,g. Martha Stewart. Kidding aside, no prison

[@549BR]

Or, as John F. Kennedy once said, where there's smoke there's often a smoke making machine. lol 😎

[@glennvengroff7235]

No way that someone at that age should go to jail unless it's a capital offense. It would be a death sentence.

[@sdsorrentino]

Why did they charge his pilots with insider trading? In order to be guilty of insider trading you have to have 1. Inside knowledge, and 2. A duty to keep that knowledge secret. His pilots don't have any duty to the company to keep the info secret.

[@chrisjohnson6765]

They had knowledge that the information was inside info and benefitted from it.

[@jfmezei]

LARGE TICKER TEXT UPPER CASE. Black ticket text, case sensitive,. 🙂 Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

[@LG-ct8tw]

If you can't take the heat stay out of the Kitchen! If you can't do the time don't do the crime! If you are rich these don't apply!

[@tonyadeney1245]

in prison on a superyacht ............... world aint fair ............ bonkers ..../// lucky he wasnt claiming unemployment benefit and working on the side .... that would be ------------ go to prison do not pass go .... ///

[@playtowin6803]

The ‘frail 87 y.o.’ should have been required to do 6 months of public service …

[@johngibson3837]

Aye and that fine should have been way more, how much do you think someone in this position would pay not to go to jail

[@tedmoss]

I'm 80, do you have any insider information I can trade on? I will have to get the same judge though.

[@Ukie88]

The guilty always plead not guilty even if they have sh#t on their hands. Lewis is NOT ashamed so boo hoo to him.

[@lc285]

Of course, he should have gone to prison.

[@Lee-qp6gf]

LOL, the only insider trading allowed is the US congress.

[@katiedotson704]

I don't disagree with the lack of prison time giving the circumstances cited. However, Lewis should have been put under house arrest for the next 3 to 5 years instead of the silly-ass probation which means not-a-damn-thing.

[@StormyDog]

No to prison but the fine was way too small.

[@a.m.v.6938]

Five million is a drop in the bucket for someone who has 7 billion. This is a disgrace.

[@redwolfexr]

55 million😊

[@huddunlap3999]

A fine is just the cost of doing business.

[@beverlysnow9315]

House arrest might have been a better penalty…in addition to the financial fine.

[@tancdiscovery9432]

He should have gone to prison. End of.

[@kenknight4560]

Given his wealth a slap on the wrist. Bet his health doesn't mean there is not a Hot Girlfriend on board and he is having a good time. Jail, screw his age, he can just afford a good lawyer.

[@Zealdave2223]

The lesson here is don't own or have any association with a business in or regested in New York.

[@regisimth2247]

He should have been put on House Arrest and had a ankle monitor.

[@brentsrx7]

All of these guys are indirectly insider trading. He must have ticked off the wrong guy.

[@circleforalanding]

No prison...but should be sentenced to house arrest...on his yacht.

[@davidend3821]

😅😂😅😂😅

[@davidend3821]

The government gave the company called special privilege super friends who BlackRock ect 😂😂 they help friends 😮

[@user-il3nn1vl4w]

No he should not be jailed. That would be a disaster for a lot more people than just him. How is the PTO/PTI motor when being used in PTI mode disconnected from the main engine. I know you can use electric clutches or hydraulic couplings. I am curious on what they have used.

[@darryltunesi2131]

You must know by now billionaires never go to prison! Lets see if his pilots friends and girlfriends do.

[@darryltunesi2131]

Sorry was I meant was . . billionaires never, ever, ever . . ever, go to prison

[@douglasthompson2740]

Always the law favors the rich no matter how disgusting they are. The saying goes, " if you can't do the time, don't do the crime." Too Fng bad if he is 87 and in bad health. He was damn well healthy enough to commit the crime! I am sure he would have had the best of medical care in a country club prison. It is very rare indeed that a person's health gets better for going to prison. So do they all get turned loose? The other side of this judges moronic sentencing is that he is most likely not going to finish his sentence in any case so the faster he is incarcerated the more likely society is to get some of the punishment he so richly deserves out of him. Judges dispense favoritism as if they are above the law, not serving it.