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Tuesday, April 16, 2013

Trader admits fraud in $1 billion Apple stock scheme

... the bet backfired, Rochdale was on the hook for $5.3 million of losses on the extra 1,623,375 shares, leaving the Stamford, Connecticut-based company undercapitalized, the SEC said in court papers. According to prosecutors, Miller also defrauded ...



via Stamford Newswire http://www.indianexpress.com/news/trader-admits-fraud-in--1-billion-apple-stock-scheme/1103222/

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