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Chicago Grand Jury Plays Along, Indicts "Flash Crash Trader"

Such a relief that they keep catching this guy for acting alone and crashing everything all by himself.

Criminal mastermind Navinder Singh Sarao has reportedly been indicted by a federal grand jury in the city of Chicago, where he would become the first Patsy to go down for a crime in municipal history.

Here's Bloomberg:

The U.S. unsealed a federal grand jury indictment Thursday against the British day trader accused of contributing to the 2010 flash crash.
The indictment gives new details in the case against Navinder Singh Sarao, who was charged with 22 counts of fraud and market manipulation in April.

Apparently there was an uncommonly short bench of local politicians to indict these days in The City of Broad Shoulders, so the axe fell on everyone's favorite sweatpants-wearing, day-trading, childhood bedroom-dwelling super villain.

No word yet if there is a strong extradition treaty with Navinder Sarao's Mom's house.

Flash Crash Trader Sarao Indicted by Grand Jury in Chicago [Bloomberg]


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