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View Full Version : Two Credit Suisse traders admit fraud - New York Daily News



FraudNews
02-01-2012, 07:27 PM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH3gaq4mk-861oMz0durjqZFUTPNQamp;url=http://www.nydailynews.com/new-york/credit-suisse-percenters-david-higgs-salman-siddiqui-admit-fraud-subprome-mortgage-scandal-article-1.1015355?localLinksEnabled%3Dfalseimg src=//nt2.ggpht.com/news/tbn/oo6xuKn3tY8PzM/0.jpg alt= border=1 width=80 height=53 /br /font size=-2New York Daily News/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH3gaq4mk-861oMz0durjqZFUTPNQamp;url=http://www.nydailynews.com/new-york/credit-suisse-percenters-david-higgs-salman-siddiqui-admit-fraud-subprome-mortgage-scandal-article-1.1015355?localLinksEnabled%3DfalsebTwo Credit Suisse traders admit bfraud/b/b/abr /font size=-1bfont color=#6f6f6fNew York Daily News/font/b/fontbr /font size=-1They admitted to conspiracy to falsify books and records and commit wire bfraud/b. Both face up to five years behind bars and have agreed to cooperate in the federal proble. Others are expected to be charged in the investigation, which focuses on shady b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFuYNOGGPwlbCzF-cgwuWKEuLahXwamp;url=http://www.huffingtonpost.com/2012/01/31/credit-suisse-subprime-mortgage-fraud-lawsuit_n_1245515.html?1328104916%26ref%3Dbusiness Ex-Credit Suisse Traders To Be Charged Over Subprime bFraud/b/afont size=-1 color=#6f6f6fnobrHuffington Post/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFpBAmdRJfpcUM2Uuq8cg ETKe7J-wamp;url=http://www.globalpost.com/dispatch/news/business-tech/120201/david-higgs-credit-suisse-director-guilty-fraudDavid Higgs, former Credit Suisse director, pleads guilty to charges of b.../b/afont size=-1 color=#6f6f6fnobrGlobalPost/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHQ6LWiJblqh6OErIHlW0 EBdw4qqQamp;url=http://dealbook.nytimes.com/2012/01/31/ex-traders-at-credit-suisse-expected-to-be-charged-with-fraud/Ex-Traders at Credit Suisse Expected to Be Charged With bFraud/b/afont size=-1 color=#6f6f6fnobrNew York Times (blog)/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE1ufl_XnlhGOc608josP Zd4cLr6wamp;url=http://www.businessweek.com/news/2012-02-01/ex-credit-suisse-traders-plead-guilty-to-cdo-bonus-scheme.htmlnobrBusinessWeek/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHR44w1MyxycGPQ66lx-T7seDJUwQamp;url=http://www.sfgate.com/cgi-bin/article.cgi?f%3D/g/a/2012/02/01/bloomberg_articlesLYPUH66S972A01-LYQ1J.DTLnobrSan Francisco Chronicle/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dPCCRCXUcraF1FMPhTHL ATNKtrXrMnobrball 414 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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