Former Oriole Doug DeCinces charged with securities fraud, money laundering

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Back in 2011 former Orioles and Angels third baseman Doug DeCinces was charged with insider trading arising out of a tip he received regarding the buyout of a medical devices company by Abbott Labs. It was a civil charge, filed by the SEC, and he settled the charges for $2.5 million.

But civil charges weren’t good enough, it seems, because he has now been charged criminally in the matter: he was indicted yesterday on 42 counts of securities fraud and a count of money laundering. Each of the fraud counts carries a maximum sentence of 20 years in prison.

Obviously it’s hard to get details from an AP report, but unless this involves something totally different than the case which he settled (civilly, anyway) in 2011, I don’t know how you wring 42 charges out of it. He got a tip. He told a few friends. They bought stock and cashed out. About as simple as it gets.

He reportedly made $1.3 million out of the transaction so it’s possible that instead of one big buy he purchased stock in, like, 21 separate buys and the feds are charging each one. They tend to do things like that.

Red Sox manager John Farrell receives a one-game suspension

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Major League Baseball announced that Boston Red Sox manager John Farrell has received a one-game suspension and an undisclosed fine for his actions during an argument with third base umpire Bill Miller in the top of the seventh inning of the Sox’ game against the Angels on Saturday night at Fenway Park.

The argument was over a balk call on Fernando Abad, which brought in a run for the Angels. It wasn’t Miller’s call — home plate ump Ryan Blakney made the call — but Miller is the crew chief. Things got pretty animated as Farrell got face-to-face with Miller and the spittle flew:

Managers do not have the right to appeal a suspension, so Farrell will be sitting out tonight’s game against the Twins.

Alabama man arrested for stealing a Braves golf cart from SunTrust Park

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Last Tuesday night, the Braves hosted the San Francisco Giants at SunTrust Park. They lost 6-3. An Alabama man named Marcus Stephens almost came away a winner, however. At least if stealing a $4,500 golf cart that belongs to the Braves makes you a winner, which in some circles I suppose it would.

Stephens lost, however, when he crashed the cart into a metal pole, attempted to flee on foot and was apprehended by Cobb County Sheriff’s deputies. This all went down at 1:40AM Wednesday morning. The report doesn’t mention anything about alcohol being involved but I’ve read enough stories like this to make educated guesses about such things.

That being said, Stephens seems relatively composed in his mugshot:

I mean, yeah, the eyes look a bit red and puffy and the overall vibe he gives off is “I came to the game as part of the Sigma Nu reunion (Auburn University class of ’06, WAR DAMN EAGLE!),” but I expected much worse after reading the headline.

Anyway, dude is out on bail. Somewhere, someone is really super proud of him, I’m sure.