Tuesday, 20 November 2012
Breaking News: City trader Kweku Adoboli, who lost £1.4bn of Swiss bank UBS's money, has been found guilty of one count of fraud…..
Posted on 04:13 by kumar
A City trader who lost £1.4bn
($2.2bn) of Swiss bank UBS's money has been found guilty of one count of
fraud.
Kweku Adoboli, 32, of Whitechapel, east London, denied four charges of false
accounting and two of fraud between October 2008 and September 2011.
The prosecution told Southwark Crown Court he was "a gamble or two away from
destroying Switzerland's largest bank".
Mr Adoboli
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