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'Love triangle' banker behind bars after guilty insider dealing verdict

by Sarah Miloudi on Dec 13, 2012 at 11:34

The judge added: 'An honest shareholder who tries to read the market is offended by someone like you who can put aside skill and research by relying on information you are barred from using.'

Tracey McDermott, director of enforcement and financial crime at the FSA, added: '[Ammann] sought to exploit his position to make easy money.

'This sort of behaviour by City professionals not only brings the individual into disrepute but also damages the reputation and standing of the financial services industry as a whole. We are determined to stamp this out.'

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1 comment so far. Why not have your say?

Anonymous 1 needed this 'off the record'

Dec 13, 2012 at 12:26

An investment banker in prison? Surely, he'll be getting used to a backdoor-some rather than a handsome?

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