The Traderszone Network

Published in TZ Latest News 24 June, 2015 by The TZ Newswire Staff

Trader whose fraud cost UBS $2.3 billion freed from prison

A former UBS trader convicted of a fraud that lost the Swiss bank 1.4 billion pounds ($2.3 billion) has been freed from prison after serving about half his seven-year sentence. Ghana-born Kweku Adoboli …