Phantom Orders, Real Millions: How A California Trader Tricked The Stock Market 3,000 Times
Jun 25, 2026
A Fremont, California man admitted in federal court yesterday that he spent years manipulating the stock market through thousands of fake trades, a deceptive practice known as spoofing. Mingran Wang, 52, pleaded guilty in the Northern District of California to one count of using interstate commerce
for the purpose of securities fraud. As part of […]
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