According to Businessweek former Deutsche Bank AG managing director Martyn
Dodgson was among four people charged with insider trading by U.K. authorities
after an investigation spanning two-and-a-half years.
Dodgson, who was employed by Deutsche Bank at the time of
his arrest in March 2010, as well as Andrew Hind, Benjamin Anderson and Iraj
Parvizi were charged with “conspiracy to insider deal” between Nov. 1, 2006,
and March 23, 2010, the Financial Services Authority said today in an e-mailed
statement. The agency alleges the men made more than 3 million pounds ($4.8
million) on improper trades.
The charges stem from an investigation into the front-
running of block trades, known as Operation Tabernula, Latin for little tavern.
The FSA arrested seven people and raided 16 addresses in London and southeast
England in March 2010 as part of the crackdown. Two more arrests came later....
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