UBS rogue trader sentenced to seven years' jail

LONDON Tue Nov 20, 2012 9:37am EST

LONDON Nov 20 (Reuters) - UBS rogue trader Kweku Adoboli was given a seven-year jail sentence on Tuesday after being convicted of two counts of fraud resulting in the Swiss bank's losing $2.3 billion.

He will serve half his sentence minus a year already spent in custody - a total of 2-1/2 years.

Adoboli was earlier acquitted at Southwark Crown Court of four related charges of false accounting.

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