John Rusnak


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John Rusnak

A former currency trader who attempted to hide nearly $700 million in losses that he incurred. In 2003, he was sentenced to seven and a half years in prison for bank fraud. He served six years combined in prison and house arrest.
References in periodicals archive ?
They include: John Rusnak, president of Pilgrimage Development, has agreed to build 20 ZIPS Dry Cleaners.
ROGUE trader John Rusnak - whose reckless dealing cost AIB more than [euro]533million - yesterday said he was sorry for the massive fraud.
The gallery program includes works by Georg Baselitz, Norman Bluhm, Fernando Botero, James Brooks, Alexander Calder, John Chamberlain, Michael Goldberg, Hans Hofmann, Robert Indiana, Wolf Kahn, Joan Miro, Pablo Picasso, Robert Rauschenberg, and Andy Warhol along with contemporary artists Eric Fischl, Hal Buckner, Ramsey Dau, Desire Obtain Cherish, Carole Feuerman, Kim Gottlieb-Walker, Dana Louise Kirkpatrick, Victor Matthews, Brendan Murphy, John Rusnak, Cole Sternberg, Bernie Taupin and Federico Uribe.
John Rusnak, 49, of Freeport, NY, also faces a felony charge of fraudulent insurance practices.
John Rusnak was sentenced to seven years in 2003 for defrauding Allfirst, an AIB subsidiary in America.
El hecho es que Jerome Kerviel ya forma parte de la lista de otros corredores bursatiles famosos por sus delitos: Yasuo Hamanaka, Nick Leeson, John Rusnak, Robert Lafee Citron, Charles Keating, Drexel Milken y otros.
The Irish company is claiming pounds 310m from Citibank and Bank of America for allegedly assisting their former employee, John Rusnak, to defraud them.
The AIB was rocked by the multi-million euro fraud at the hands of rogue trader John Rusnak, who was jailed for seven-and-a-half years earlier this year.
AIB also faced multi-million losses because of the activities of rogue trader John Rusnak - jailed for seven years - at their former Allfirst American subsidiary company, in Baltimore, Maryland.
Rogue Allfirst trader John Rusnak was subsequently jailed for seven years.
John Rusnak was indicted on charges of bank fraud, false entry in bank records, and aiding and abetting, said deputy clerk Agnes Finney.
AIB group chairman Lochlann Quinn said: "Let's face it, we missed it," as six executives were sacked for failing to notice the activities of Baltimore trader John Rusnak.