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NJ Securities Trader Sentenced to 18 Months in Prison for Market Manipulation Scheme

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the staff of the Ridgewood blog

Clifton NJ, a New Jersey-based securities trader was sentenced today to 18 months in prison for orchestrating a massive, long-running market manipulation scheme and tax fraud that netted more than $17 million in illegal profits between 2014 and 2016, U.S. Attorney Craig Carpenito announced.

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