Former Credit Suisse banker Kareem Serageldin arrested in London on fraud charges [1]

GlobalPost.com - 9/26/12

Former Credit Suisse banker Kareem Serageldin has been arrested in London. He's wanted in the United States on fraud charges.

An ex-Credit Suisse banker wanted in the United States on fraud charges has been arrested in London, the Wall Street Journal reported. [2]

Kareem Serageldin, the former head of the Swiss bank’s Structured Credit Trading business, has been accused of manipulating the value of certain mortgage securities during the global financial crisis to boost his bonus, according to the Financial Times [3].

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