UBS trader accused of fraud, losing bank $2.3 billion - Hometownlife.com

[FraudNews]

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=AFQjCNGIFHZ8DOCs-5_d4O-k2YS2GbkWkAamp;url=http://www.theglobeandmail.com/report-on-business/international-business/european-business/ubs-rogue-trader-fraudulently-gambled-away-23-billion-court-told/article4544537/img src=//nt0.ggpht.com/news/tbn/oKoeDmcETxaWNM/0.jpg alt= border=1 width=80 height=45 /br /font size=-2Globe and Mail/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=AFQjCNHf4S1QKcU0EDDLR-JmL2HM2ZxD_gamp;url=http://www.hometownlife.com/usatoday/article/57782168?odyssey%3Dmod%257Cnewswell%257Ctext%257CL ivonia%257CsbUBS trader accused of bfraud/b, losing bank $2.3 billion/b/abr /font size=-1bfont color=#6f6f6fHometownlife.com/font/b/fontbr /font size=-1Despite the admission, Adoboli has pleaded not guilty to two counts of bfraud/b and two counts of false accounting. His lawyers will outline his defense case later in the trial. Wass said Adoboli#39;s bfraud/b wiped $4.5 billion, or 10 percent, off the share b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFxy3_2a1I93fr1rEA8RP LC7GNYtQamp;url=http://dealbook.nytimes.com/2012/09/14/as-his-fraud-trial-opens-ex-ubs-trader-is-accused-of-brazen-gambling/Ex-UBS Trader Is Accused of Gambling in a Big Loss/afont size=-1 color=#6f6f6fnobrNew York Times (blog)/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGYfQKCrLAngqcLh8B7nz GcwKAjZAamp;url=http://www.mirror.co.uk/news/uk-news/rogue-trader-gambled-74billion-in-uks-1324684£7.4billion #39;rogue trader#39;: Trial told of City worker#39;s gamble in UK#39;s biggest b.../b/afont size=-1 color=#6f6f6fnobrMirror.co.uk/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNG3lFw8wGqi7PyFY5cpLV EpjS64Hgamp;url=http://www.businessweek.com/ap/2012-09-14/ex-ubs-trader-goes-on-trial-accused-of-2b-fraudEx-UBS trader goes on trial accused of $2.3B bfraud/b/afont size=-1 color=#6f6f6fnobrBusinessweek/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF7LSP1aXrYBT-i71LZmECeVn3kSwamp;url=http://www.dailymail.co.uk/news/article-2203161/UBS-rogue-trader-gambled-1-4billion-Swiss-bank-UBS-Britains-biggest-fraud.htmlnobrDaily Mail/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFnC6I9N4UQKN4-pmj7sIqqbPu7_wamp;url=http://af.reuters.com/article/ghanaNews/idAFL5E8KCAW920120914nobrReuters Africa/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=dzBmdQfwN3yhy_MzkND_ sgzTP4J8Mnobrball 940 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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