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Friend of UBS Trader Wrote in 2008: 'Please Don't Let Me Read About You In The Papers

posted: 7 months ago

Bernie Madoff

A friend of accused UBS fraudster Kweku Adoboli told him in 2008 she hoped never to read articles about him in the press like those she had read about a 'rogue trader' at France's Societe Generale, a London court heard on Thursday.

Reuters reports that, wrapping up their case against him on Thursday morning, the prosecution read out to the jury an exchange of emails between Adoboli and his friend Sarah Moore dating back to January 2008. They were discussing the case of Societe Generale trader Jerome Kerviel, which had recently come to light.

'The more I have read about this, the more interesting parallels I see with your life', Moore told Adoboli.

'Please don't let me read about you in the papers in the same fashion', she wrote. 'It would destroy my faith in human nature forever'.

Hit the link below to access the complete Reuters article:

Friend of UBS "rogue trader" saw Kerviel parallels

In the meantime, the news agency reports that, according to it a judical source, France's prosecutor has asked an investigating judge to question jailed swindler Bernard Madoff and UBS as part of a probe of investor losses from Madoff's multibillion-dollar Ponzi scheme.

Hit the link below to access the complete Bloomberg article:

French prosecutor wants to question Madoff, UBS - source

 

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