Paris court upholds rogue trader jail term, massive fine
Paris - AFP
A French court rejected an appeal Wednesday by rogue trader Jerome Kerviel against the three-year jail term and 4.9 billion euro fine he got in a fraud case that nearly ruined Societe Generale bank. The Paris court upheld the five-year jail sentence Kerviel got in 2010, two of which were suspended, and confirmed that he was obliged to pay back the billions his gambles cost the bank.
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