article_snippet.sent: US authorities suspected that a British man accused this week of causing the 2010 'flash crash' was making illicit trades back in 2009 it's been revealed, with experts expressing shock that it took six years for charges to be brought.
article_snippet.sent: Navinder Singh Sarao, 36, is accused of making £26million from illegal trades over five years and an investigation team involving six agencies in the US and Britain want a British man put on trial in New York.
article_snippet.sent: US authorities suspected that British man Navinder Singh Sarao (circled) accused this week of causing the 2010 'flash crash' was making illicit trades back in 2009 .
article_snippet.sent: US prosecutors believe British man Navinder Singh Sarao (circled) used special computer software to manipulate the market on Wall Street . '
article_snippet.sent: British man Navinder Singh Sarao (circled) is accused of causing Wall StreetFlash Crash' on May 6, 2010, when £570billion ($850 billion) was wiped from the value of America's biggest companies in five minutes .
article_snippet.sent: British man Navinder Singh Sarao (circled) was warned about British man Navinder Singh Sarao (circled) trading in 2009 by officials at the self-regulatory Chicago Mercantile Exchange (CME), where British man Navinder Singh Sarao (circled) was making transactions.
article_snippet.sent: Edgar Perez, author of Knightmare on Wall Street and The Speed Traders, meanwhile, asked: 'Why would regulators let British man Navinder Singh Sarao (circled) operate in the markets and engage in similar trading strategies as in the Flash Crash eight more times?'
article_snippet.sent: British man Navinder Singh Sarao (circled) allegedly triggered – from British man Navinder Singh Sarao (circled) home computer in Hounslow, London – the Wall Street 'Flash Crash' of May 2010, in which almost a trillion dollars was wiped from global share prices, using a series of fake transactions.
article_snippet.sent: Trader Navinder Singh Sarao, 36, is shown here at Westminster Magistrates' Court after being arrested over illicit trading .
article_snippet.sent: The agency, which oversees self-regulatory bodies such as the CME, brought civil charges against Sarao alongside criminal charges by the Department of Justice.
article_snippet.sent: Scotland Yard's extradition unit arrested Sarao on Tuesday night at the request of the FBI, which claims he set up an offshore company in the Caribbean called 'Nav Sarao Milking Markets' and arrogantly told financial officials to 'kiss my a
highlights_snippet.sent: Navinder Singh Sarao, 36, is accused of causing the May 2010 'flash crash'
  Officials believe that he used software to make fake transactions .
  
highlights_snippet.sent: he was first warned about alleged illicit trading back in 2009 .
  