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‘Original rogue trader’ Leeson sniffs out fraud

Man who brought down Barings bank now helps investors recover funds

“I have also been on the other side of the equation and understand the psychology of some of the people involved,” Nick Leeson says of his new role as a financial forensic specialist. (Reuters File Photo)

LONDON: Nick Leeson, the former derivatives trader who infamously brought down Barings Bank nearly three decades ago, has joined a corporate intelligence firm to investigate financial misconduct.

The market enforcement unit of London-based Red Mist helps investors seek compensation in court when regulators are unable to help, Leeson, 56, said in an interview.

“I have also been on the other side of the equation and understand…

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