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Societe Generale uncovers $7.14b trader fraud

([Agencies])
Updated: 2008-01-25 13:54

A man, whom French media are identifying as Societe Generale employee Jerome Kerviel, is seen in this undated photo. The trader at the heart of an alleged 4.9 billion euros (3.7 billion pounds) fraud at French bank Societe Generale has been identified as Kerviel, three sources within the company said on January 24, 2008. [Agencies] French bank uncovers massive fraud

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