It took Navinder Singh Sarao long time to accept that he had been deceived by $ 50 million. Here in Wandsworth prison in London, shaken by a sense of anxiety and lack of sleep, the man called "Flash Crash Trader" realize this until spring slowly turning into summer on the other side of the grille him.
On April 20, 2015 the man was arrested and him were made 22 charges of fraud and market manipulation, including The Dow fell 1,000 points, for which he received a sentence of 380 years.
A review of investment Sarao from 2005 to the present day, based on dozens of interviews and thousands of pages of documents, opens another twist to this already remarkable history. Navinder Sarao, trader accused of sabotaging the financial markets from your bedroom may have been the victim. By 2011 Sarao has tripled its assets to 42.5mln pounds.
Currently Sarao has invested about 12 mLn pounds Cranwood. Relatives and friends Sarao claim that he had intentions to become a billionaire. Sometime in 2012 Sarao resumes business venture with Garcia Alvarez, who is looking for investors for his company IXE Group. Once they decide to do business with Garcia promises Sarao 11% annual return on investment of $ 17m.
After this investment Sarao makes a bunch of other investments with a capital of $ 2 to $ 20ml, while in 2015 is arrested.
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