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Former Societe Generale junior trader Jerome Kerviel arrives at the financial investigation unit in Paris.
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The world's biggest frauds

January 5, 2009

Jerome Kerviel

Besides dabbling in money, Jerome Kerviel 'enjoys judo and sailing.' A trader at French bank Societe Generale, he lost about 5 billion euros on European stock derivatives.

He hacked into the bank's computers to carry out his trading tricks. The French bank took a hit of 5 billion euros in one of the world's largest scams.

His total salary and bonuses amounted to less than euro 100,000. Kerviel joined SocGen after earning a masters degree in finance at a business school at Lyons in 2000.

Also read: India's most preferred states for entrepreneurs

Image: Former Societe Generale junior trader Jerome Kerviel arrives at the financial investigation unit in Paris. | Photograph: Charles Platiau/Reuters

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