Man Convicted Of Commodity Fraud, Spoofing By Computer Seeks Acquittal, New Trial

Mealey's (February 16, 2016, 2:17 PM EST) -- CHICAGO — A man who was found guilty of 12 counts of commodity fraud and spoofing by creating computer programs to engage in fraudulent trading argues in a Feb. 12 filing in Illinois federal court that the government failed to establish fraud under the untested statutes on which his indictment and conviction were based (United States of America v. Michael Coscia, No. 1:14-cr-00551, N.D. Ill.)....