Europe

Where are they now? What rogue traders do after prison

  • FILE - In this Saturday, July 3, 1999 file photo, former Barings bank trader Nick Leeson, center, is led through immigration by Singapore police officials at Changi airport shortly after he was freed from prison in Singapore. The British trader, who caused the collapse of Barings Bank in 1995 when he lost more than $1 billion in unauthorized trades, was released from a Singapore jail after serving 3 1/2 years. He has tried to profit from his high profile case and experience by selling a serialization of his story that was turned into a film, “Rogue Trader,’’ starring Ewan McGregor as himself. (AP Photo/Andy Wong, file)

    FILE - In this Saturday, July 3, 1999 file photo, former Barings bank trader Nick Leeson, center, is led through immigration by Singapore police officials at Changi airport shortly after he was freed from prison in Singapore. The British trader, who caused the collapse of Barings Bank in 1995 when he lost more than $1 billion in unauthorized trades, was released from a Singapore jail after serving 3 1/2 years. He has tried to profit from his high profile case and experience by selling a serialization of his story that was turned into a film, “Rogue Trader,’’ starring Ewan McGregor as himself. (AP Photo/Andy Wong, file)  (The Associated Press)

  • FILE - In this Thursday, Sept. 22, 2011 file photo, City trader Kweku Adoboli, second right, leaves the City of London Magistrates' Court in London. The former trader, who cost Swiss bank UBS 1.4 billion pounds, has been fighting deportation to his native Ghana since being released from prison in 2015. The trader served about half of a seven year sentence for what was described as Britain's biggest-ever bank fraud. He has apologized for his actions but says that former colleagues were still under the same pressure he was to make money. (AP Photo/Sang Tan, file)

    FILE - In this Thursday, Sept. 22, 2011 file photo, City trader Kweku Adoboli, second right, leaves the City of London Magistrates' Court in London. The former trader, who cost Swiss bank UBS 1.4 billion pounds, has been fighting deportation to his native Ghana since being released from prison in 2015. The trader served about half of a seven year sentence for what was described as Britain's biggest-ever bank fraud. He has apologized for his actions but says that former colleagues were still under the same pressure he was to make money. (AP Photo/Sang Tan, file)  (The Associated Press)

  • FILE - In this Friday Jan. 17, 2003 file photo, currency trader John Rusnak arrives at U.S. District Court, in Baltimore. He hid almost $700 million in losses for four years while working for Allfirst Financial. He was convicted of fraud in 2002 and since 2009, when he emerged from confinement, he began franchising outlets of the Zips Dry Cleaner chain, according to an interview with NPR. He also tried to help people coming out of prison by getting them jobs in his dry cleaner outlets. (AP Photo/Matt Houston, file)

    FILE - In this Friday Jan. 17, 2003 file photo, currency trader John Rusnak arrives at U.S. District Court, in Baltimore. He hid almost $700 million in losses for four years while working for Allfirst Financial. He was convicted of fraud in 2002 and since 2009, when he emerged from confinement, he began franchising outlets of the Zips Dry Cleaner chain, according to an interview with NPR. He also tried to help people coming out of prison by getting them jobs in his dry cleaner outlets. (AP Photo/Matt Houston, file)  (The Associated Press)

Some seek quiet lives away from the media spotlight. Some become activists and others look to make money by selling their story.

Rogue traders like Jerome Kerviel, who saw the damages he owes slashed Friday to 1 million euros ($1.1 million), have taken varied approaches to life after prison.

Here's a look at some of the most high-profile rogue traders of recent years and what they've been up to.

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NICK LEESON

The British trader, who caused the collapse of Barings Bank in 1995 when he lost more than $1 billion in unauthorized trades, was released from a Singapore jail in 1999 after serving 3 1/2 years. He's embraced his notoriety since then. He published a book in 1996 entitled "Rogue Trader: How I Brought Down Barings Bank and Shook the Financial World." It was turned into a film starring Ewan McGregor as himself. He has also given talks to companies on risk management and written two books. He even briefly served as CEO of Galway United Football Club.

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JEROME KERVIEL

Kerviel, who left prison in 2014 after a three-year sentence, has used his fame to turn against his former bosses and crusade against the ills of the financial world. He has sought to portray himself as a victim of a corrupt banking system and published a book in 2010 whose titled translates roughly as "The Gears: Memoirs of a Trader." Kerviel in 2014 made a pilgrimage by foot to Italy to meet the pope and discuss the problems of modern capitalism.

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KWEKU ADOBOLI

The former trader, who cost Swiss bank UBS 1.4 billion pounds, has been fighting deportation to his native Ghana since being released from prison last year. A crowd-funding appeal has been launched to help him cover his legal fees to fight his deportation. The trader served about half of a seven year sentence for what was described as Britain's biggest-ever bank fraud. He has apologized for his actions but says that former colleagues were still under the same pressure he was to make money.

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YASUO HAMANAKA

Known as Mr. Copper, the former commodities trader for Sumitomo Corp., racked up $2.6 billion in losses over 10 years through unauthorized trades. His power in the market was such that the disclosure of his losses roiled global copper markets and rocked the 300-year-old trading company that employed him. Since his release in 2005 after seven years in prison, Hamanaka has reportedly lived in Tokyo and, unlike some other convicted rogue traders, kept a low profile out of the media spotlight.

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JOHN RUSNAK

He hid almost $700 million in losses for four years while working for Allfirst Financial. He was convicted of fraud in 2002 and since 2009, when he emerged from confinement, he began franchising outlets of the Zips Dry Cleaner chain, according to an interview with NPR. He also tried to help people coming out of prison by getting them jobs in his dry cleaner outlets. In the meantime, Rusnak was paying his former employers $1,000 a month in damages.