Scottish Trader Charged Over £1m US Stock Exchange Fraud

From BBC News

A 62-year-old Scottish trader has been charged in San Francisco with defrauding the U.S. stock market.

James Craig, from Dunragit near Stranraer, is accused of tweeting false news designed to make share prices fall, so he could buy and resell shares for profit.

Fraudulent tweets were allegedly made about two firms by Mr Craig in 2013.

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