September 16th, 2011
09:28 AM ET

Rogue trading suspect charged with fraud in London

Police in London charged Kwaku Adoboli - the suspected rogue trader who may have cost Swiss bank UBS $2 billion - with fraud by abuse of position and false accounting Friday.

The 31-year-old remains in custody and is to appear in court later, police said.

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Filed under: Crime • Finance
soundoff (10 Responses)
  1. Oyetunji

    And his name is Kweku!!!! Not Kwaku+

    September 16, 2011 at 9:35 am | Report abuse | Reply
  2. Cherry Coke

    Asshat!

    September 16, 2011 at 9:40 am | Report abuse | Reply
  3. michaelfury

    Meanwhile this "rogue trader" remains at large:

    http://michaelfury.wordpress.com/2010/09/10/ghosts-in-the-machine/

    September 16, 2011 at 9:45 am | Report abuse | Reply
  4. Jeff Frank ( R - Ohio )

    At least the moron wasn't charged with dishonoring a hotel maid. ;)

    September 16, 2011 at 12:19 pm | Report abuse | Reply
  5. barock-O-rama

    We need more men in congress like that man.

    September 16, 2011 at 12:21 pm | Report abuse | Reply
  6. justathought

    No! His name is. You've Had It!

    September 16, 2011 at 4:28 pm | Report abuse | Reply
  7. Ellen Degenirate

    fucnn

    September 16, 2011 at 4:34 pm | Report abuse | Reply
  8. Ellen Degenirate

    I need a feminin product that smells like fish .my girlfriend will enjoy and will repel flies

    September 16, 2011 at 8:53 pm | Report abuse | Reply
  9. Andreas Moser

    If his trades had worked out, UBS would have given him a bonus.

    September 19, 2011 at 1:45 pm | Report abuse | Reply
  10. JUST ANOTHER BLACK PROFESSIONAL

    WHEN DID A 31 YEAR OLD BLACK MAN HAVE ACCESS TO SO MUCH FUNDS AT ONE OF THE LARGEST AND OLDEST BANK IN THE WORLD WITHOUT 50 EYES LOOKING OVER HIS SHOULDER? THIS IS RIDICULOUS.... THE TRUE CULPRITS NEED TO COME FORWARD

    September 24, 2011 at 11:02 am | Report abuse | Reply

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