Ex-Credit Suisse star gets five years in jail

GENEVA, Feb 11, (RTRS): Former Credit Suisse wealth manager Patrice Lescaudron was sentenced to five years in prison by a Geneva court on Friday for abusing the trust of clients and creating a fraudulent scheme that made him tens of millions of Swiss francs.

The 54-year-old Frenchman appeared in court for the verdict wearing a grey fleece sweatshirt emblazoned with Ferrari, the name of the sports car he purchased with the money he amassed.