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5 Biggest Rogue Traders -- and Could It Happen Here?

3. Yasuo Hamanaka

Yasuo Hamanaka, a copper trader with Japan's Sumitomo Corporation, was know as Mr Five Percent, referring to the share of the copper market he controlled.

His unauthorized trades over a period of 10 years led to a $2.6 billion loss for Sumitomo.

Sumitomo was also charged with forging the signatures of three Sumitomo executives on documents related to his trading activities.

In 1996, Hamanaka was sentenced to 8 years in prison. He was released in 2005.

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