NOVEMBER 6, 2002

Errant banker goes to jail

Stephen Troth, the Monaco-based banker who helped himself to $20m from a number of clients, including Michael Schumacher, has been sent to jail for four and a half years. Troth was also ordered to pay a fine of $30,000.

Troth had admitted to his crimes after an internal audit by the bank. None of the clients had noticed any money missing.

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