John Rusnak

John Rusnak is a former currency trader at Allfirst bank, then part of AIB Group, in Baltimore, Maryland, United States.He is known for committing one of the largest ever cases of bank fraud, where he lost his company US$691 million after a series of bad bets.Since his return to society, Rusnak has become an advocate for second chances for men coming home from incarceration and for those in drug and alcohol rehabilitation.Rusnak currently serves as the Executive Director[1] of unCUFFED ministries[2] working with juveniles who are incarcerated in adult detention facilities.Rusnak will remain on the hook for the full $691 million he lost, but prosecutors said the amount he pays back will depend on how much money he is able to make after leaving prison.
Bucknell UniversityConviction(s)Bank fraudAllfirstAIB GroupBaltimore, MarylandUnited Statesplea bargainM&T BankList of trading lossesSiobhán CreatonConor O'CleryThe Irish TimesGill and Macmillan