HALISTER1: Ex-Otkritie Banker Found Guilty in Multi-Million Dollar Fraud

Ex-Otkritie Banker Found Guilty in Multi-Million Dollar Fraud

(Bloomberg) -- A former Otkritie trader was found guilty of a multi-million dollar fraud by a London jury.
  • George Urumov was found guilty of orchestrating a multi- million pound Argentine bond fraud and fake bonus scheme
  • Ex-Threadneedle Asset Management’s Vladimir Gersamia also found guilty of fraud
  • Yulia Balk, Urumov’s wife, cleared of money laundering
  • Ex-Otkritie trader Alessandro Gherzi also cleared of all charges
  • Fake Bonus Scheme Led to Millionaires’ Row for Otkritie Trader Link
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
OFCB RM (Bank Otkritie Financial Corp PJSC)

People
Vladimir Gersamia (Threadneedle Asset Mgmt)
Alessandro Gherzi (Otkritie Capital International Ltd)

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