September 10, 2026
A former Illinois bond trader who was convicted of a $30 million fraud scheme that shuttered his Atlanta-based former employer has been sentenced to more than 16 years in federal prison, according to case filings entered Thursday.
February 07, 2024
An Illinois federal jury on Wednesday convicted a former bond trader of tanking his Atlanta-based former employer by claiming inflated commissions on his trades and entering false and unauthorized trades that caused $30 million in losses.
February 06, 2024
A former bond trader argued Tuesday that an Illinois federal jury should clear him of accusations that he claimed inflated commissions and tanked his former employer with $30 million in losses because trial evidence proved prosecutors "jumped to conclusions" about his trades.
February 05, 2024
An ex-trader charged with tanking his former employer by claiming inflated commissions and entering unauthorized trades that caused $30 million in losses testified Monday that he wasn't trying to defraud others but rather cover his hedges and correct significant mistakes he'd made while trading.