French rogue trader jailed and fined

French rogue bank trader Jerome Kerviel was jailed for three years and ordered to pay €4.9bn damages after being convicted of fraud today.

Tue, 05 Oct, 2010 - 11:47

French rogue bank trader Jerome Kerviel was jailed for three years and ordered to pay €4.9bn damages after being convicted of fraud today.

His lawyer immediately declared he would appeal the Paris court’s verdict.

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