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April 22, 2012 10:05 am

US Charges English Twins Over $1.2m 'Stock Robot' Fraud

peetm writes "Twin brothers from England face US civil charges for allegedly defrauding investors out of $1.2m (£745,000) through a bogus stock-picking robot. The twins; Alexander and Thomas Hunter; were just 16 years old when they devised the scam — which fooled around 75,000 people, according to U.S. officials."

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