News 12 Staff

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Jan 16, 2025, 7:30 AM

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Updated

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A Larchmont resident is among four people indicted for an insider trading scheme.

David Cooper, a 38-year-old broker, and three other traders allegedly shared inside information obtained from investment banks and then fraudulently traded in advance of multiple public offerings.

Officials say they made over $1 million in profit from the scheme, which took place between 2018 and 2024.