Fugitive Julian Tzolov Arrested

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Fugitive Julian Tzolov — the former Credit Suisse banker who lost client money in Auction Rate Securities — has been found.

Bloomberg: Julian Tzolov, the fugitive former Credit Suisse Group AG broker who was charged with bail jumping, has been arrested, Assistant Brooklyn U.S. Attorney Daniel Spector said in a letter to court filed today.

Tzolov, who’s accused of fraudulently selling clients subprime mortgages linked to auction-rate securities, was declared a fugitive in June.

“The government writes to inform the Court that the defendant (and fugitive) Julian Tzolov has been apprehended,” Spector said in the letter.

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