It's Official: UBS Trader Charged With Fraud And False Accounting

Kweku AdoboliKweku Adoboli’s Facebook page

Photo: Facebook.com

Just out…UBS trader Kweku Adoboli has been charged ith fraud and false accounting in relation to the alleged $2 billion in rogue trading losses.

Meanwhile, the scandal is expected to have bigger ramifications for the bank, which, we learned today, didn’t even discover the losses.

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