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Trump's Teleprompter Guy Cashed in on predictive markets

Posted on 7/16/26 at 5:15 pm
Posted by prplhze2000
Parts Unknown
Member since Jan 2007
58581 posts
Posted on 7/16/26 at 5:15 pm
ABC News:
quote:


President Donald Trump's longtime teleprompter operator is believed to have made tens of thousands of dollars by placing bets on more than a dozen of Trump's speeches on the prediction market Kalshi, federal investigators with the Commodity Futures Trading Commission found, sources familiar with the matter told ABC News.

Gabriel Perez, a technical assistant to the president who has been operating Trump's teleprompter since 2016, is in talks with federal regulators to settle allegations he used his inside knowledge of the president's speeches to win more than $100,000, the sources said.

According to the sources, Kalshi alerted its regulator, the Commodity Futures Trading Commission (CFTC), to the suspicious activity on its "Mentions" market, where users can bet on whether specific words, phrases or topics are uttered during a public speech.

"Our surveillance team promptly flagged and referred these trades to the CFTC, and we are cooperating and assisting regulators," Kalshi's head of enforcement, Bobby DeNault, said in a statement provided to ABC News.

White House Press Secretary Karoline Leavitt told reporters Thursday afternoon, following ABC News' report, that Perez has been put on unpaid administrative leave. Leavitt said she spoke with President Trump about it, and he thought it was a "disgrace" and made the decision himself to put Perez on unpaid leave.
Posted by Godfather1
What WAS St George, Louisiana
Member since Oct 2006
89554 posts
Posted on 7/16/26 at 5:17 pm to
So he basically engaged in Congressional behavior?
This post was edited on 7/16/26 at 5:17 pm
Posted by Jake88
Member since Apr 2005
80659 posts
Posted on 7/16/26 at 5:19 pm to
quote:

So he basically engaged in Congressional behavior?
/thread
Posted by cadillacattack
the ATL
Member since May 2020
11104 posts
Posted on 7/16/26 at 5:20 pm to

quote:

So he basically engaged in Congressional behavior?


‘Zackly
Posted by gumbeaux
Member since Jun 2004
5403 posts
Posted on 7/16/26 at 5:21 pm to
He’s not the only one. Lot of insider trading going on.
Posted by Ten Bears
Florida
Member since Oct 2018
5177 posts
Posted on 7/16/26 at 5:23 pm to
quote:

Leavitt said she spoke with President Trump about it, and he thought it was a "disgrace" and made the decision himself to put Perez on unpaid leave.


Interesting
Posted by ELVIS U
Member since Feb 2007
11877 posts
Posted on 7/16/26 at 5:24 pm to
If people are stupid enough to bet on this kind of action, they deserve what they get.
Posted by AGGIES
Member since Jul 2021
12866 posts
Posted on 7/16/26 at 5:24 pm to
But if he pays for insider truth social data then he can cash in again…
Posted by GoblinGuide
Member since Nov 2017
2238 posts
Posted on 7/16/26 at 5:24 pm to
quote:

White House Press Secretary Karoline Leavitt told reporters Thursday afternoon, following ABC News' report, that Perez has been put on unpaid administrative leave. Leavitt said she spoke with President Trump about it, and he thought it was a "disgrace" and made the decision himself to put Perez on unpaid leave.


The disgrace being that he didn't cut Trump in on the action.
Posted by AGGIES
Member since Jul 2021
12866 posts
Posted on 7/16/26 at 5:26 pm to
quote:

The disgrace being that he didn't cut Trump in on the action.


Just to wet his beak…everyone knows
that.
Posted by lake chuck fan
Vinton
Member since Aug 2011
24525 posts
Posted on 7/16/26 at 5:26 pm to
Tens of thousands of dollars????
That's nothing, amateur "hour"!
Now do members of Congress!
Good for the teleprompter guy!
For once a regular guy got a break.
I'm not sure what your intention is with this post, but..... seriously???
Posted by AGGIES
Member since Jul 2021
12866 posts
Posted on 7/16/26 at 5:28 pm to
Nah, he got put on unpaid leave. It’s frowned upon. Who knew?

Time for a u-turn on the opinion of this guy.
Posted by Nosevens
Member since Apr 2019
20102 posts
Posted on 7/16/26 at 5:32 pm to
Now that is just sad, obviously Trump knows what he’s going to say so if he needed to make a few measly bucks he could do better than an assistant teleprompter guy. Being that he got caught logic would suggest everyone is being looked at for such behavior. Well that and his speech is released prior too generally
Posted by prplhze2000
Parts Unknown
Member since Jan 2007
58581 posts
Posted on 7/16/26 at 5:49 pm to
Need to ban predictive markets.
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
23413 posts
Posted on 7/16/26 at 5:54 pm to
Unpaid leave? Charge his arse with wire fraud
Posted by Bass Tiger
Member since Oct 2014
56330 posts
Posted on 7/16/26 at 5:55 pm to
quote:

So he basically engaged in Congressional behavior?


It's kinda hard to single him out as the bad guy when he has watched how the well connected make their bank.

Personally, they all should be publicly shamed and if possible prosecuted.
Posted by tigerfan 64
in the LP
Member since Sep 2016
6659 posts
Posted on 7/16/26 at 6:01 pm to
quote:

So he basically engaged in Congressional behavior?

Yes.
His crime was NOT being a congressman or being a congressman's family member.
Posted by Penrod
Member since Jan 2011
56998 posts
Posted on 7/16/26 at 6:20 pm to
quote:

Being that he got caught logic would suggest everyone is being looked at for such behavior.

It was the trading company which discovered it.
Posted by Evolved Simian
Bushwood Country Club
Member since Sep 2010
23310 posts
Posted on 7/16/26 at 6:29 pm to
quote:

For once a regular guy got a break.


He literally committed fraud.
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