(Bloomberg) -- A former Credit Suisse Group AG trader accused by U.K. prosecutors of concealing about $18.4 million of losses in unauthorized trades after taking inappropriately risky positions has had criminal charges against him withdrawn almost three years since he was fired by the bank.
Rohit Jha, who handled exchange-traded funds, was dismissed from the Swiss bank in October 2013 after the firm discovered the alleged losses he incurred in December 2012. Credit Suisse notified regulators of the discovery when he was dismissed and Jha was later charged.
A judge dismissed the charges at a hearing in London Monday.
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