London man arrested over $40 MILLION HFT flash crash allegations

What's Navinder Singh Sarao said to have done?

Comment As I've mentioned around here I'm a bit of an aficionado of scams and scammettes: not because I partake in them but because the inventiveness of the human mind in hoovering up cash never ceases to amuse me. This morning we've a classic of the genre, as one bloke working out of his mother's basement* in Hounslow is alleged to have taken $40m off the financial markets and cost others billions in the process."