N.J. Traders Made $26M Manipulating The Stock Market, Authorities Say

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NEWARK -- Federal agents have arrested two Passaic County securities traders on charges they manipulated more than $10 billion in securities over a three-year period. The scheme, which involved inflating the prices of securities with low trading volumes, netted Joseph Taub and Elazar Shmalo more than $26 million in 2014 and 2015 alone, according to the…

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