Former UBS Trader Who Committed UK’s Biggest Fraud Faces Deportation

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Former UBS Trader Who Committed UK’s Biggest Fraud Faces Deportation

Postby kreslik.news » Mon Sep 03, 2018 8:16 am


Former UBS Group AG trader, Kweku Adoboli, who has made headlines over the past seven years for racking up a £1.8bn billion ($2.3 billion) unauthorised trading loss, was detained on Monday. This is in the prelude to being deported to Ghana, a place he hasn’t lived since he was a child.

Adoboli’s impending deportation is due to United Kingdom rules that govern crimes by foreigners. According to the law, Foreign nationals that are sentenced to more than four years are automatically considered for deportation. In 2012, he was jailed to serve a seven-year sentence.

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