Securities fraud perpetrators from committing crimes

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Reference no: EM133465717

Between September 2014 and May 2017, day trader Joseph Willner of Pennsylvania is alleged to have "conspired to hack into victims' online securities brokerage accounts and used them to place unauthorized trades, at times fraudulently liquidating existing positions in the victims' accounts in order to fund the unauthorized trades" (Justice). criminal forfeiture allegations.

1. If any, that criminal forfeiture may play in deterring would-be securities fraud perpetrators from committing crimes.

2. What is criminal forfeiture?

3. How does forfeiture differ from SEC sanctions?

Reference no: EM133465717

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