French rogue trader Kerviel loses appeal

  • 12 years ago
A Paris appeal court has upheld a jail sentence for Jérome Kerviel, the rogue trader who lost the bank Société Générale (Soc-Gen) nearly five-billion euros. The court also ordered him to repay all the money.

Kerviel had appealed against the original three year jail term with another two years suspended. His legal team have not ruled out further action.

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