Boston Investor charged with fraud for stock `free-rides’

A Boston investor was chargedwith 18 fraud counts for "free-riding'' stocks, in which he did not pay for the stocks he purchased and forced the brokerage houses to burden all the investment risks. Edward Voccola, 48, wrote more than $4.9 million in bad checks to pay for his investments, according to the U.S. attorney's office…
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