A former JPMorgan Chase banker who's now on the run was sentenced to 7 ½ years in jail for his role in a multimillion-pound fraud against the Libyan government.
Former JP Morgan banker Frederic Marino, 56, and amateur racing driver Yoshiki Ohmura, 47, were jailed for 1 years in total for siphoning off money from Libya during the regime of Colonel Gaddafi.
A former JPMorgan investment manager and an ex-Julius Baer banker were found guilty in a London court on Thursday of defrauding a Libyan sovereign wealth fund out of millions of dollars by paying hidden fees to their own offshore companies.