(Corrects spelling of last name of David Demos)
Dec 9 A former Cantor Fitzgerald & Co trader has
been indicted on charges that he defrauded investors by lying
about the price of mortgage bond transactions he handled for
them after the financial crisis in order to illegally profit.
David Demos, 35, was charged in an indictment filed in
federal court in New Haven, Connecticut, with securities fraud,
becoming the latest trader to face charges for cheating
customers on prices of mortgage-backed securities.
(Reporting by Nate Raymond in New York; Editing by Lisa Von Ahn
and Dan Grebler)