'Flash Crash Trader' Bailed After Assets Found

A British man whose stock market trading allegedly led to a £500bn "flash crash" on Wall Street has been freed on bail, after he confessed to having £25m hidden away in Swiss bank accounts. Navinder Singh Sarao, who has been dubbed "The Hound of Hounslow" after purportedly manipulating US stocks from his parents' home in west London, had previously said he would be unable to post his £5m bail bill. Westminster Magistrates' Court heard how it could take years for