Police/Fire
Belmont Man Arrested for Insider Trading After Incident in Watertown
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A Belmont man and former Eastern Bank Corp. executive faces charges of conspiring to commit security fraud after allegedly telling a friend at the Oakley Country Club about an impending purchase by the bank. John Patrick O’Neill, 64 of Belmont allegedly told a friend that Eastern Bank was about to buy Wainwright Bank & Trust Co. while the pair was at the Watertown country club. in June 2010, according to a press release from United States Attorney Carmen Ortiz’s Office.