UK trader arrested for causing 2010 stock market 'Flash Crash'

April 21, 2015 7:01 PM

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UK trader arrested for causing 2010 stock market 'Flash Crash'

Federal law enforcement officials have charged a U.K. man with manipulating the stock market and triggering the 2010 "Flash Crash."

The Federal Bureau of Investigation said Navinder Singh Sarao, 37, was arrested Tuesday in the U.K. and charged with multiple counts of fraud.

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