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Pennsylvania Day Trader Charged in Brokerage Scheme

Just days ago, the SEC charged a day trader with participating in a scheme to access the brokerage accounts of more than 100 unwitting victims and make unauthorized trades to artificially affect the stock prices of various companies.

Willner engaged in fraud and market manipulation that violated federal securities laws and SEC rules. The SEC seeks the return of ill-gotten gains plus interest and penalties and a permanent injunction.

 

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