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Adoboli Cleared of All False Accounting Counts, Guilty on Fraud

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Adoboli Cleared of All False Accounting Counts, Guilty on Fraud
Jurors cleared Former UBS AG trader Kweku Adoboli of four counts of false accounting. Photographer: Simon Dawson/Bloomberg

Nov. 20 (Bloomberg) -- Former UBS AG trader Kweku Adoboli was found guilty of fraud related to a $2.3 billion loss, the largest from unauthorized trading in British history. Jurors cleared Adoboli of four counts of false accounting.

Link to Company News:{UBSN VX <Equity> CN <GO>}

To contact the reporter on this story: Lindsay Fortado in London at lfortado@bloomberg.net

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net

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