UBS rogue trader sentenced to seven years' jail
Posted : Tuesday, 20 November 2012 06:39AM
LONDON (Reuters) - UBS rogue trader Kweku Adoboli was given a seven-year jail sentence on Tuesday after being convicted of two counts of fraud resulting in the Swiss bank's losing $2.3 billion.
He will serve half his sentence minus a year already spent in custody - a total of 2-1/2 years.
Adoboli was earlier acquitted at Southwark Crown Court of four related charges of false accounting.
(Reporting by Estelle Shirbon; editing by Stephen Addison)
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