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As Sean Caddle has now admitted, sinister plots were more than just idle fantasy to him.

NJ Man Gets 18 Months in Prison for $17 Million Stock Scheme The scheme worked by using multiple trades to artificially depress then inflate the stock prices of smaller companies whose stocks were thinly traded and could easily be manipulated, then selling the stocks for a profit at the higher price Published December 22, 2020 • Updated on December 23, 2020 at 6:16 am Getty Images A New Jersey-based securities trader who admitted to orchestrating a stock market manipulation scheme and tax fraud that netted more than $17 million in illegal profits was sentenced to 18 months in pr...

Trader gets 18 months for $17 million stock scam, federal prosecutors say Updated Dec 22, 2020; A New Jersey-based securities trader who admitted to orchestrating a stock market manipulation scheme and tax fraud that netted more than $17 million in illegal profits was sentenced to 18 months in prison Tuesday. Joseph Taub had pleaded guilty in July to securities fraud and conspiracy to defraud the United States. The 41-year-old Clifton resident had faced up to 25 years in prison on the two counts. According to an indictment, Taub and others conspired between 2014 and 2016 to manipulate the se...