FSA charges four in connection with insider-training ring

Oct 2, 2012

Financial Services Authority says the men made more than £3 million as a result of the alleged scheme

The Financial Services Authority has charged four people, including a former executive at Deutsche Bank, in connection with an alleged insider-trading ring. Martyn Dodgson, 40, and three other men have been charged with conspiracy to insider trade between November 2006 and March 2010. The FSA say the men made in excess of £3 million as a result of the alleged scheme. More details will be released today. The regulator is calling the investigation its most complex insider-trading investigation. The Wall Street Journal says the charges are part of an effort by the FSA to bolster its crime-fighting credentials.

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