sailingaway
04-03-2013, 03:57 PM
A former trader with US banking giant Goldman Sachs was arrested Wednesday on criminal charges of fraud linked to a scheme to hide an $8 billion futures bet, officials said.
Matthew Marshall Taylor “was in FBI custody as of early this morning,” a source familiar with the government’s case told AFP on condition of anonymity.
The federal prosecutor’s office in Manhattan said Taylor was due to appear before a judge on the charges “in connection with a scheme to accumulate and conceal an unauthorized $8 billion position in a trading account that he managed at Goldman, Sachs & Co.”
more: http://www.rawstory.com/rs/2013/04/03/ex-goldman-sachs-trader-charged-with-118-million-trading-fraud/
Matthew Marshall Taylor “was in FBI custody as of early this morning,” a source familiar with the government’s case told AFP on condition of anonymity.
The federal prosecutor’s office in Manhattan said Taylor was due to appear before a judge on the charges “in connection with a scheme to accumulate and conceal an unauthorized $8 billion position in a trading account that he managed at Goldman, Sachs & Co.”
more: http://www.rawstory.com/rs/2013/04/03/ex-goldman-sachs-trader-charged-with-118-million-trading-fraud/