Hernan Arbizu

Aaron Siegel writes at investmentnews.com that Arbizu was arrested Monday in Buenos Aires on  charges that he stole $5.4M from customers at UBS AG and JPMorgan Chase & Co. If he is extradited to the U.S., he faces up to 30 years in prison and $5M in fines if convicted of embesslement, bank fraud, and aggravated identity theft.

July 30, 2008 In: People Comments (None)