Shows & Panels
- AFCEA Answers
- Ask the CIO
- The Big Data Dilemma
- Carrying On with Continuity of Operations
- Connected Government
- Constituent Servicing
- Continuous Monitoring: Tools and Techniques for Trustworthy Government IT
- The Cyber Imperative
- Cyber Solutions for 2013 and Beyond
- Expert Voices
- Federal Executive Forum
- Federal IT Challenge
- Federal Tech Talk
- Mission-critical Apps in the Cloud
- The Path from Legacy Systems
- The Real Deal on Digital Government
- The Reality of Continuous Monitoring... Is Your Agency Secure?
- Veterans in Private Sector: Making the Transition
Shows & Panels
UK court orders extradition of Credit Suisse exec
Monday - 1/14/2013, 9:03am EST
LONDON (AP) - A British court has ruled that a former executive of Credit Suisse can be extradited to the United States to face fraud charges.
Officials at Westminster Magistrates Court said the extradition order was approved Monday, and now goes to Home Secretary Theresa May for final approval.
Kareem Serageldin, a 39-year-old U.S. citizen who lives in London, is accused of distorting the value of mortgage securities in 2007. U.S. authorities say actions by Serageldin and two others contributed to a $2.7 billion writedown in Credit Suisse's results for 2007.
In February, a grand jury in New York indicted Serageldin on three charges of conspiracy, false record-keeping and wire fraud. Former colleagues David Higgs and Salmaan Siddiqui each pleaded guilty to a single conspiracy count and agreed to cooperate with investigators.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)