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How this Indian-origin trader cheated market and got duped of $50 million

Published Saturday February 11


Photo: Economictimes Indiatimes

It took Navinder Singh Sarao a long time to accept that he might have been scammed out of $50 million. Stuck in London’s Wandsworth prison, wracked with anxiety and not able to sleep, the realization dawned on the man dubbed the “Flash Crash Trader” as slowly as spring turned to summer outside the barred window of his jail cell. The trauma of the past few weeks had been complicated to process.

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Article length: About 3050 words.
Tags: Belvedere

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