New York City - Trader Charged in $140M Stock Scam

New York City - Wall Street bad boy Ross Mandell was nabbed Wednesday in a $140 million global boiler-room scheme that stretched from Brooklyn to the United Kingdom. Mandell, who blamed his past troubles with regulators on a cocaine habit, is accused of bribing brokers and pressuring investors to pump up worthless stock in his Sky Capital Holdings. As Sky was losing millions, Mandell was...