SEC Charges Day Trader in Alleged Market Manipulation Scheme
April 21, 2026
April 21, 2026
WASHINGTON, April 21 -- The Securities and Exchange Commission issued the following litigation release (No. 1:26-cv-03203; S.D.N.Y. filed April 20, 2026) involving a day trader in alleged market manipulation scheme:
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On April 20, 2026, the Securities and Exchange Commission filed charges against Harsh V. Patel, for allegedly perpetrating a scheme from San Juan, Puerto Rico to manipulate stock prices that generated more than $5 million in ill-gotten gains.
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On April 20, 2026, the Securities and Exchange Commission filed charges against Harsh V. Patel, for allegedly perpetrating a scheme from San Juan, Puerto Rico to manipulate stock prices that generated more than $5 million in ill-gotten gains.