Former UBS Banker Gets Jail Sentence

Andreas Hafen, a former UBS banker based in Switzerland, has been sentenced to five years in prison for embezzling SFr51 million ($39.4 million) from the bank. Mr Hafen was a UBS client advisor in St....

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By: Contributing Editor
July 18, 2005
Andreas Hafen, a former UBS banker based in Switzerland, has been sentenced to five years in prison for embezzling SFr51 million ($39.4 million) from the bank. Mr Hafen was a UBS client advisor in St....