Trader denies $2.3 bn fraud, says UBS was family - Businessweek

[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=AFQjCNGi_VIkWSgCfMlnQMYDNF wfJHOYSQamp;url=http://www.belfasttelegraph.co.uk/news/local-national/uk/trader-weeps-at-14bn-fraud-trial-16230224.htmlimg src=//nt3.ggpht.com/news/tbn/nwddEGzDn94xiM/0.jpg alt= border=1 width=80 height=80 /br /font size=-2Belfast Telegraph/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=AFQjCNGERWh-yLOpnG_0ArMpzf1BI_y8nQamp;url=http://www.businessweek.com/ap/2012-10-26/alleged-ubs-rogue-trader-denies-2-dot-3-billion-fraudbTrader denies $2.3 bn bfraud/b, says UBS was family/b/abr /font size=-1bfont color=#6f6f6fBusinessweek/font/b/fontbr /font size=-1LONDON (AP) — A former UBS trader accused of losing $2.3 billion through reckless deals and deceit broke down in tears in court Friday as he insisted he had acted purely to help save the bank he considered his family. Kweku Adoboli denied fraudulent b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGi_VIkWSgCfMlnQMYDNF wfJHOYSQamp;url=http://www.belfasttelegraph.co.uk/news/local-national/uk/trader-weeps-at-14bn-fraud-trial-16230224.htmlTrader weeps at £1.4bn bfraud/b trial/afont size=-1 color=#6f6f6fnobrBelfast Telegraph/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGGqU6glfOANNq-A05bfkiIGV2udgamp;url=http://www.dailymail.co.uk/news/article-2223572/I-did-job-best-ability-UBS-trader-accused-gambling-away-1-5bn-breaks-tears-denies-fraud.html#39;I did my job to the best of my ability#39;: UBS trader accused of gambling away b.../b/afont size=-1 color=#6f6f6fnobrDaily Mail/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE5Ps33X6yoQaMwNCGfra vA9XRc_wamp;url=http://www.sacbee.com/2012/10/26/4940788/alleged-ubs-rogue-trader-denies.htmlAlleged UBS rogue trader denies $2.3 billion bfraud/b/afont size=-1 color=#6f6f6fnobrSacramento Bee/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF5xi9JBBBblUFyFyGeD6 h1eDKlIwamp;url=http://www.sfgate.com/business/bloomberg/article/Ex-UBS-Trader-Adoboli-Takes-Stand-for-First-Time-3983886.phpnobrSan Francisco Chronicle/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFQTybgbNJ75w9uZjdcRI uYvv34Ngamp;url=http://www.financialexpress.com/news/no-2.3-bn-fraud-ubs-rogue-trader/1022440/nobrFinancial Express/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHQ_V_0wPOXkljwZi-LQ_lJQxW-LAamp;url=http://www.standard.co.uk/news/crime/rogue-trader-kweku-adoboli-weeps-as-he-takes-stand-in-fraud-trial-8227920.htmlnobrEvening Standard/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=d0MZnUfHbxh2A0Mva2eYYKB5UtEhMamp;ned=en_z anobrball 376 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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