Poker-Playing Trader Loses London Bid To Halt US Insider Trading Charges – Bloomberg

A trader accused of insider dealing lost a court bid to prevent his extradition to face US criminal charges after London judges rejected his appeal.

Joseph El Khouri, who holds dual Lebanese-British citizenship, is accused of making almost $2 million trading on inside information. US prosecutors allege that the trader and avid poker player gave lavish gifts to middlemen, including expensive hotel stays in New York, and a yacht charter in Greece, in exchange for tips as part of an international insider trading conspiracy.

Source: Poker-Playing Trader Loses London Bid To Halt US Insider Trading Charges – Bloomberg