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

Kweku AdoboliKweku Adoboli’s Facebook page


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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