Guilty verdict returned in Johnson case

Jury finds Mark Johnson guilty of conspiracy and eight counts of wire fraud

mark johnson - PA photo - payment for every use.jpg
Mark Johnson: "They convicted an innocent man," says defence attorney John Wing
Brendan McDermid/Reuters/PA Images

Mark Johnson, former global head of foreign exchange cash trading at HSBC, was found guilty of conspiracy and eight counts of wire fraud on October 23, ending a front-running case that has gripped the attention of currency market participants for weeks.

Jurors in the Eastern District Court of New York reached a verdict shortly after 12:05pm. They found him not guilty on count three of the indictment, regarding a 2:27pm call on December 7, 2011, where co-defendant Stuart Scott informed Johnson

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: