Ex-Jefferies trader arrested for fraud

An ex-Jefferies & Co. trader was arrested yesterday after being charged with fraud.

By Wire services | January 29, 2013 | Last updated on January 29, 2013
1 min read

An ex-Jefferies & Co. trader was arrested yesterday after being charged with fraud, reports CNNMoney.com.

He allegedly scammed investors and the government while selling mortgage-backed securities.

Read more about his case and arrest.

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