Bloomberg News

Adoboli Cleared of All False Accounting Counts, Guilty on Fraud

November 20, 2012

Adoboli Cleared of All False Accounting Counts, Guilty on Fraud

Jurors cleared Former UBS AG trader Kweku Adoboli of four counts of false accounting. Photographer: Simon Dawson/Bloomberg

Former UBS AG (UBSN) trader Kweku Adoboli was found guilty of fraud related to a $2.3 billion loss, the largest from unauthorized trading in British history. Jurors cleared Adoboli of four counts of false accounting.

To contact the reporter on this story: Lindsay Fortado in London at lfortado@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net


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