Skip to main content

Sailing couple admits to spying for Cuba

A well-known boating couple admitted in federal court last week that they spied for Cuba over the past three decades, receiving coded instructions over a shortwave radio and passing them along.

Walter K. Myers, 72, pleaded guilty to conspiring to commit espionage and wire fraud. His wife, Gwendolyn Steingraber Myers, 71, pleaded guilty to conspiring to gather and transmit national defense information.

Under the plea deal, Walter Myers faces a mandatory sentence of life in prison, and his wife faces up to 7-1/2 years, according The Washington Post.

Both agreed to give extensive debriefings to U.S. law enforcement officials before they are sentenced. No sentencing date was set.

The couple's attorney, Bradford Berenson, said in a statement after the hearing that the Myerses were not motivated by greed but spied "out of conscience and personal commitment," the newspaper reports.

Click here for the full article.

Click here for a report from Soundings.

Related

TPG Adds to Marine Portfolio

The hospitality and marina management firm acquired Conanicut Marina and Taylor Point Boat Yard in Jamestown, R.I.

Trade Only Today Returns Jan. 18

The daily e-newsletter will not publish Monday, Jan. 17, in observation of Martin Luther King Jr. Day. We wish everyone a happy and safe holiday weekend.

ECONOMY REPORT: Omnipresent Omicron

The year closed with an uptick in consumer confidence, but the latest coronavirus variant threatens to derail progress

Mixed Reactions

Though generally positive about market conditions, many dealers report they won’t be attending boat shows.

Sportsman Boats Hires CFO

Greg House was previously chief financial officer with Sea Star Solutions and Dometic.

NMMA Reports Strong Boat Sales in 2021

Annual new powerboat sales are expected to exceed 300,000 units for the second consecutive year.

Lowrance Releases Software Update

The software release enables a new sonar feature and autopilot compatibility for Ghost trolling motors and Ghost-compatible MFDs.

Keeping the Sales Team Motivated and Sharp

Here are some strategies from the “Undisputed King of Motivation,” Zig Ziglar, for sales success before, during and after the transaction.