Day Trader Ordered To Pay £3.9M In Insider Dealing Case
Law360, London (January 22, 2021, 4:52 PM GMT) -- The Financial Conduct Authority said on Friday that a day trader convicted of insider dealing along with a friend who worked at UBS Group AG must pay approximately £3.9 million ($5.3 million) under a confiscation order.
The day trader, who was convicted of insider dealing alongside a former UBS employee, must pay approximately £3.9 million ($5.3 million). (Photo by Ulrich Baumgarten via Getty Images) Walid Choucair was sent to prison for three years in July 2019 after being convicted of insider dealing alongside a former compliance officer at UBS, Fabiana Abdel-Malek. He must give up profits he made from illegally trading...
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