Flash Crash Culprit Seen as Childlike Gamer Not Fit for Prison

  • Lawyer says British trader with autism didn’t care for money
  • Navinder Sarao to be sentenced Jan. 28 in Chicago for spoofing
Navinder Sarao leaves Westminster Magistrates' Court in 2016.Photographer: Luke MacGregor
Lock
This article is for subscribers only.

The British trader accused of helping to cause the 2010 Flash Crash that erased $1 trillion in stock market value in just a few minutes is too childlike to spend any time in prison for his securities crimes, his lawyer told a judge in Chicago.

Navinder Sarao, 41, is a guileless mathematical savant who plays markets like a computer game in his bedroom, collects stuffed animals and prefers the company of children to adults, attorney Roger Burlingame said in a 41-page court filing that paints an image of his client that falls somewhere between Rain Man and Peter Pan.