Man Pleads Guilty To Spending $1 Billion On Apple Stock & Bringing Down His Company

Cult of Mac
By Killian BellApr 16, 2013, 7:12 am252 pts
Securities trader David Miller has pleaded guilty to fraud after buying $1 billion of Apple stock without permission and bringing down his company. The 40-year-old purchased 1.625 million Apple shares on the day the Cupertino company reported its third-quarter results in October 2012, hoping that he’d be able…

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