FSA secures 23rd insider dealing conviction


Former futures trader Richard Joseph has today been sentenced to four years in prison for insider dealing, in a prosecution brought by the UK's Financial Services Authority (FSA). The organisation has now secured 23 convictions and is prosecuting six further individuals in relation to insider dealing.

Joseph made a profit of £591,117 from his trades between September 2007 and July 2008.  He attempted to disguise confidential information from two investment banks concerning takeover bids by using

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