A pretzel-shop worker committed a $1 million fraud to buy Tesla, GameStop, and Nvidia shares – and ended up making $7,000 for his broker, SEC says

• A fast-food worker obtained $200,000 of advance credit by making bogus deposits, the SEC says.
• The Auntie Anne’s employee piled the entire sum into Tesla, Nvidia, GameStop, AMC, and other stocks.
• His broker caught on and liquidated the holdings a day later, making a roughly $7,000 profit. 

A fast-food worker duped his online broker into giving him $200,000 of advance credit, then plowed the ill-gotten funds into stocks including Tesla, Nvidia, GameStop, and AMC Entertainment, according to the Securities and Exchange Commission.

Deyonte Jahtori Anthony, 23, was a part-time employee of an Auntie Anne’s in North Carolina last summer. On July 1, he applied for a self-directed brokerage account, claiming he earned between $25,000 and $50,000 a year when he was only making about $400 a month, the SEC said in a complaint filed on August 25 and viewed by Insider.