'Arrogant' Adoboli Gets 7 Years for $2.3B Loss
November 20, 2012
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1:45Now Playing'Arrogant' Adoboli Gets 7 Years for $2.3B Loss
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as posted by the channelNov. 20 (Bloomberg) -- Bloomberg's Ryan Chilcote reports that Former UBS AG trader Kweku Adoboli was sentenced to seven years in jail for fraud in relation to a $2.3 billion loss, the largest from unauthorized trading in British history. He speaks on Bloomberg Television's "In The Loop."
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