WASHINGTON Dec 12 U.S. authorities have charged
two financial traders in New Jersey over a stock manipulating
scheme that netted the pair more than $26 million, the U.S.
Securities and Exchange Commission and the state's U.S. Attorney
said on Monday.
Joseph Taub, 37, and Elazar Shmalo, 21, were arrested and
"charged with orchestrating a massive, long-running market
manipulation scheme," that resulted in the millions in illegal
profits between 2014 and 2015, U.S. Attorney Paul Fishman said.
(Reporting by Susan Heavey and Nate Raymond; Editing by Chizu