Bank of France, "the devil dealer" was sentenced to 5 years in prison and 4.9 billion in compensatio
Had shocked the world in 2008nike shoxbefore the French Societe Generale trader Jerome Cavey El transaction fraud sentencing in Paris after the lapse of two years. Although this is known as the "devil traders," the IQ means of fraud suspects for their offense to run out, being sentenced to 5 years in prison and 4.9 billion euros in the history of a rare astronomical
Nikecompensation.
Misdemeanor court in Paris from 5 to this massive
Cheap Nike Shoes trading fraud was sentenced. As the protagonist of the case, the French Societe Generale bank's former futures traders Jerome Cavey El was convicted of "breach of fiduciary duty, fraud and the use of fraudulent data" and other charges and sentenced to 5 years in prison (three of which can not beDiscount Nike Shoes probation).
In addition to imprisonment, the court also sentenced Cavey el damages to the plaintiff, the Industrial Bank of EUR 4.9 billion. Cavey el trial in June,
discount Nike Shoxintroduced his current job as "information technology consultant", a monthly salary of 2300 euros. French media so the calculation, if the wages paid by Cavey el existing compensation, will need more
Nike Shoes on salethan 170,000 years.
Cavey, 33, allegedly arrested on suspicion of El from
Nike Shoes on sale2006 to 2007, the diversion of huge amounts of money wild speculation European banks index, the Industrial Bank caused the loss of up to EUR 4.9 billion. The bank announced in January 2008 loss, then forced to raise
Nike shox torch on salecapital and restructuring management. The case has thus become the history of France's largest trading limit fraud, but also the world's banking sector suffered due to illegal operations staff of the single largest amount of losses.
Nikecompensation.
Misdemeanor court in Paris from 5 to this massive
Cheap Nike Shoes trading fraud was sentenced. As the protagonist of the case, the French Societe Generale bank's former futures traders Jerome Cavey El was convicted of "breach of fiduciary duty, fraud and the use of fraudulent data" and other charges and sentenced to 5 years in prison (three of which can not beDiscount Nike Shoes probation).
In addition to imprisonment, the court also sentenced Cavey el damages to the plaintiff, the Industrial Bank of EUR 4.9 billion. Cavey el trial in June,
discount Nike Shoxintroduced his current job as "information technology consultant", a monthly salary of 2300 euros. French media so the calculation, if the wages paid by Cavey el existing compensation, will need more
Nike Shoes on salethan 170,000 years.
Cavey, 33, allegedly arrested on suspicion of El from
Nike Shoes on sale2006 to 2007, the diversion of huge amounts of money wild speculation European banks index, the Industrial Bank caused the loss of up to EUR 4.9 billion. The bank announced in January 2008 loss, then forced to raise
Nike shox torch on salecapital and restructuring management. The case has thus become the history of France's largest trading limit fraud, but also the world's banking sector suffered due to illegal operations staff of the single largest amount of losses.