How Bank Fraud Actually Works | How Crime Works | Insider
Published December 11, 2025
Views 320K | Likes 3.33K | Comments 268
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About
Nick Leeson is an English former derivatives trader who caused the collapse of Barings, London’s oldest merchant bank, which had operated for 233 years. Working in the bank’s Singapore office, he made a series of unauthorized speculative trades that ultimately lost $1.2 billion. Leeson joined Barings in 1989 and by 19…
- Published
- December 11, 2025
- Made for kids
- No
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