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Published on 11 February 2025

Office of the Attorney General of Switzerland files indictment on charges of insider dealing involving millions of francs

Bern, 11.2.2025 - The Office of the Attorney General of Switzerland (OAG) has indicted a Swiss citizen in the Federal Criminal Court on charges of insider dealing in transactions worth millions of francs. The indictment alleges that in five cases in the period from 2018 to 2020, the accused exploited confidential and price sensitive information about ongoing or planned takeovers. By doing so, he is believed to have made an unlawful profit of around CHF 10.6 million. He is alleged to have obtained the confidential information from an acquaintance of many years standing who worked for an investment bank.