Friday, 16 September 2011

Ghanian Born Rogue Trader Arrested In London For $2bn Bank Fraud


Alleged rogue trader, Kweku Adoboli has been arrested in London on suspicion of loosing UBS bank an estimated £1.3m.
This is one of the biggest loss in Europe caused by unauthorized trading, the last was in 2008 when Jerome Kerviel lost Societe Generale Bank $6.7 billion, he was convicted in October 2010 on charges of forgery, breach of trust and unauthorized computer use.
The 31years old who's father worked in a senior position at the UN, arrived in the UK after a childhood in Ghana. His last facebook status read “Need a miracle,”

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