Ex-VTB Banker Charged for Deleting WhatsApp in Trading Probe (1)

Sept. 6, 2019, 2:48 PM UTCUpdated: Sept. 6, 2019, 4:02 PM UTC

U.K. prosecutors charged a former VTB Capital Plc banker with destroying documents after he deleted WhatsApp from his mobile phone, knowing that information on the app was relevant to an insider-trading investigation.

Konstantin Vishnyak, who pleaded not guilty Sept. 6, will appear Oct. 4 in a London court, the Financial Conduct Authority said in a statement. This is the FCA’s first prosecution in connection with the alleged destruction of documents under Financial Services and Markets Act of 2000, the agency said.

Vishnyak was under investigation for suspected insider-dealing offenses, the FCA said. The agency alleges that he deleted the WhatsApp ...

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