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Friday, 26 March 2010

Christian Littlewood, a former banker at Dresdner Kleinwort and Shore Capital, was charged along with his wife on 14 counts of insider trading.

Christian Littlewood, a former banker at Dresdner Kleinwort and Shore Capital, was charged along with his wife on 14 counts of insider trading. The FSA is also attempting to extradite a 33-year old Singaporean man from Mayotte in the Comoros Islands in connection with Mr Littlewood's case.
Two weeks ago, former Cazenove partner Malcolm Calvert was sentenced to 21 months in jail after being found guilty on five counts of insider trading. Mr Calvert has appealed the conviction, with his lawyers describing his sentence as "excessive".
Margaret Cole, director of financial crime and enforcement at the FSA, has been leading the regulators efforts to secure more insider trading convictions.

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