UBS trader charged with $2 billion fraud

Started by Reuters, Sep 17, 2011, 05:02 AM

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Reuters

Sep 17, 2011, 05:02 AM
LONDON/ZURICH (Reuters) - UBS trader Kweku Adoboli wept in a London court on Friday as he was charged with fraud and false accounting dating back to 2008, a day after the Swiss bank was plunged into crisis by revealing a $2 billion trading loss.

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