An investment banker, his wife and a close friend have pleaded guilty to eight counts of insider dealing in a case brought to court by the FSA.
Christian Littlewood, a former employee of Dresdner Kleinwort, the investment banking arm of Commerzbank AG, his wife Angie Littlewood and Helmy Omar Sa'aid allegedly made £590,000 profit from the trades. Full sentencing for the trio and a confiscation hearing will now take place in the week commencing 31 January. The Littlewoods were arrested in March 2009 by the City of London Police for offences relating to trading in a number of different London Stock Exchange and AIM listed shares between 2000 and 2008. A European arrest warrant in Mayotte, one of the Comoros Islands, led to t...
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