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X factor emerges in FSA case against ex-UBS employee
A mysterious Mr X has surfaced in the UK Financial Services Authority’s (FSA’s) case against former UBS employee Sachin Karpe. Mr X, as the person has been referred to by the UK’s Upper Tribunal, denied he owned an account with the UK-based UBS Wealth Management, called Customer A account, which was used by the deposed UBS official to make large-scale unauthorised transactions. Mr
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