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French rogue trader ordered to pay back €5bn French rogue trader ordered to pay back €5bn



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Old 10-06-2010, 11:13 AM
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Post French rogue trader ordered to pay back €5bn
French rogue trader Jérôme Kerviel has been convicted of breach of trust, fabricating documents and illegally accessing computers at Société Générale – France’s second largest bank. The scandal, which represented the biggest fraud investigation in banking history, saw Mr Kerviel jailed for three years and he has been ordered to pay back the €4.9 billion [...]

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