A man has been arrested in Madrid in connection to a trading scandal

0
© marcp_dmoz


Spanish National police in Madrid have arrested a former JPMorgan employee for his apparent involvement in connection with the “London Whale” trading scandal.

A Spanish police statement claims he was arrested in Madrid after being located in the capital and asked to turn himself in.

The 49-year-old man is also reportedly wanted in the United States for allegedly altering bank records to hide €4.6billion in trading losses.

 

LEAVE A COMMENT

Please enter your comment!
Please enter your name here