Former Société Générale trader found guilty of HFT code theft

Societe Generale La Defense

Former Société Générale trader Samarth Agrawal has been found guilty in a New York court for stealing proprietary computer code from the French bank. US district judge Jed Rakoff stated Agrawal had “admitted all the essential elements, certainly of the first count, if not the second”. He later admitted his guilt in the closing days of the trial.

The former trader is guilty of theft of trade secrets and transportation of stolen property in interstate commerce.

Agrawal was arrested in April after

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: