It was incompetence and negligence on a grand scale.

Every level, from Bank of England through Singapore International Monetary Exchange,

it's like the Wild West.

At Buries... Wild West. At bearings you could pretty much do what you wanted and that's what I did.

In Japan and Singapore I could the markets in both locations.

Nobody could trade with me because they were losing money.

You were a superstar.

Yeah.

At the age of 25, I was flying high.

Everybody was buying into the success story. Wherever you looked,

everything was based around this lie that only I knew. We made an error. You know what you're supposed to do. The first thing you've got to do is to tell people about it.

That's not what I did. I very stupidly decided to put that into the 5-8s account. My illegal account to warehouse the illegal

positions that I was running. There were losses being concealed already, so I

expected a knock on the door every single minute of every single day.

Something that started off with a $10,000 loss turned into a billion dollar loss.

And the end of Barron's Bank.

Yep. Bering end of Barron's bank. Yep.

Bering's faces bankruptcy after the rogue trader in Singapore.

Loses 400 million pounds.

I was in the ship.

At the age of 28, I was starting a six and a half year prison sentence in

Singapore. It did lead me to praise who I was and come to the conclusion that I didn't particularly like the person that I'd become.

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