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The Independent UK
The Independent UK
National
Michelle Chapman

Short seller convicted of fraud after boasting ‘it’s like taking candy from a baby’

Andrew Left A Tysen Duva Citron Research
Left was convicted of one count of participating in a securities fraud scheme and 12 counts of securities fraud - (Getty)

Prominent short seller and former financial commentator Andrew Left has been convicted of securities fraud by a federal grand jury in California and faces a up to 25 years in prison.

Left, who was charged in July 2024 with a securities fraud scheme, 17 counts of securities fraud, and making false statements to federal investigators, was ultimately convicted of one count of participating in a securities fraud scheme and 12 counts of securities fraud. His sentencing is scheduled for August 31.

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