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Monday, April 15, 2013

Trader Admits Fraud in $1B 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.foxbusiness.com/industries/2013/04/15/trader-admits-to-fraud-in-1b-apple-stock-scheme/

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