PARIS (AP): The French trader accused of one of the biggest bank frauds was taken into custody by police, who were questioning him about bad bets that cost France's No. 2 bank billions of euros in a season of jittery markets.
Financial police in Paris were questioning Jerome Kerviel Saturday in a probe into Societe Generale's allegation against the 31-year-old trader, judicial officials said. They were speaking on condition of anonymity because the investigation is continuing.
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