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Kweku Adoboli was born on 21 May 1980 in Tema, Ghana, to John Adoboli, a senior United Nations official. [2] [3] He spent his early years in Israel, Syria and Iraq, [4] before moving to the United Kingdom in 1991. [5] He attended Ackworth School in Pontefract, West Yorkshire, where he was head boy. [4]
Kweku Adoboli illegally traded away over US$2 billion dollars at Swiss bank UBS. The 2011 UBS rogue trader scandal caused a loss of over US$2 billion at Swiss bank UBS, as a result of unauthorized trading performed by Kweku Adoboli, a director of the bank's Global Synthetic Equities Trading team in London in early September 2011. [1] [2]
That employee, Kweku Adoboli, was recently found guilty of fraud and sentenced to seven years in prison. UBS says Adoboli's unauthorized actions in 2011 led to $2.3 billion in losses.
The first project in development is a TV drama series based on the true story of Kweku Adoboli, the Ghana-born former investment banker Afua Hirsch’s First Look Deal With Fremantle, De Maio ...
Disasters and accidents Hurricane Sandy: The death toll in the U.S. attributed to Hurricane Sandy rises to at least 90, nearly half in New York City, as millions of people in the Northeastern United States continue to deal with power outages, gasoline shortages and sparse public transportation. (Wall Street Journal) (ABC News) (US News) Damage from the storm is estimated to reach US $50 ...
Swiss bank UBS (NYS: UBS) announced today, 14 months after the original incident became public, that a trader responsible for more than $2 billion in losses has been convicted on two counts of ...
The scale of fraud against the Bounce Back Loans Scheme and how the UK police had begun 'hunting down fraudsters' featured in a BBC story by Angus Crawford aired on BBC Television news on 5 February 2021.The report included an interview with FAP chairman David Clarke who warned that "Covid-19 fraud could potentially be the biggest fraud in ...
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