Jumat, 16 September 2011

Adoboli charged with fraud in UBS rogue trading case

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LONDON — Police charged Kweku Adoboli with fraud Friday in connection with the venerable Swiss bank UBS's loss of $2 billion in unauthorized trades.

Wearing a powder blue sweater, Adoboli appeared briefly in a London court, where he was charged with "fraud by abuse of position" and two charges of "false accounting" between 2008 and 2009 and between January and September this year.

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Anthony Faiola 17 Sep, 2011


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Source: http://feeds.washingtonpost.com/click.phdo?i=b93973316c73e7ca116522f8417a6df8
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