6 across
Person
distributing
shares
is
fraudster
if
doubly
so
(6)
Person distributing shares is fraudster if doubly so (6)
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The whole clue is the definition (& lit or double definition).
How the clue works
The whole clue Person distributing shares is fraudster if doubly so works as a cryptic definition — a dealer hands out shares or portions, and if you double them up, a "double-dealer" is precisely your fraudster.