Seven years for £1.4bn UBS trader [Archive] - Win2Win UK Horse Racing Forum. Free Tips. Staking Advice.

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Win2Win Racing

20th November 2012, 17:47

City trader Kweku Adoboli, who lost £1.4bn of Swiss bank UBS's money, is jailed for seven years after being found guilty of two counts of fraud.

More... (http://www.bbc.co.uk/news/uk-20338042#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa)

Seven years for £1.4bn UBS trader

Win2Win

20th November 2012, 19:07

:yikes: He was doubling stakes until he hit a winner :ooo .... a perfectly good staking plan with a high SR, and you know all the stats, but he obviously didn't have that :crazy: