Description :

Jerome Kerviel

Jerome Kerviel is a French trader who went rogue against his bank SocGen, and traded stocks with the bank's money without their knowledge. His unnoticed trade ended up in $6 billion loss for SocGen. He was sued in the year 2008 for his fraudulent act by SocGen. He pleaded not guilty and accused the bank's management. He was later found guilty against his claims and was sentenced to three years of imprisonment in the year 2010.