SocGen trader's assistant charged with complicity: official

0 Comments | AFP, August, 2008

PARIS (AFP) — The 24-year-old assistant of French rogue trader Jerome Kerviel has been charged with complicity over the multi-billion-euro losses at Societe Generale, a judicial official said Monday.

The Societe Generale employee, named as Thomas Mougard, was charged on Friday with "complicity to introduce false data into a computer system," the official said.

Mougard is the second person after Kerviel, 31, to be charged over the biggest rogue trade scandal in banking history. He was allowed to remain free pending trial.

Judges accuse him of "knowingly helping Jerome Kerviel to record fictitious operations" at the bank, in 2007 and January 2008.

Mougard's lawyer, Frederique Baulieu, told AFP that the charges were "unfounded" and without...

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