There are seven total insider traders involved in the FSA’s huge UK bust, but only six have been named so far.
The seventh is still a mystery and chances are his name is being kept a secret on purpose.
He or she “will almost certainly be the whistleblower — and is likely to be a big name,” one former head of equity derivatives told Reuters.
Apparently many lawyers and traders think the seventh turned informer and is now cooperating with authorities to build a case against the other six.
“The speculation is definitely that it is the whistleblower,” says Ash Saluja, a partner at London law firm CMS Cameron McKenna.
The six he would be building a case against are:
Martyn Dodgson, a managing director of Deutsche Bank
Clive Roberts, head of European sales trading at Exane
Julian Rifat, an equity trader at Moore Capita, a hedge fund
Graeme Shelley, a trader at Novum Securities, a brokerage
Iraj Parvizi, a private investor and
Ben Anderson, also a private investor
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