The ex-trader has obtained, against the advice of prosecutors, a penalty development and is expecte

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JUSTICE - symbol of the excesses of finance he denounces today, Kerviel was released on Monday, September 8 from prison. He will finish under electronic bracelet the sentence to which he was sentenced for causing 4.9 billion moneywiz loss at Societe Generale. More than 11,000 prisoners in France have an electronic wrist placement.
The ex-trader has obtained, against the advice of prosecutors, a penalty development and is expected to leave in the morning the prison of Fleury-Merogis (Essonne) moneywiz to go get put an electronic bracelet at the insertion and probation service . A control unit will be installed at his home that will enable prison services to verify that it complies moneywiz with its output schedules, since the condemned remains technically "sub-nut".
Jerome Kerviel, which will be used as a consultant in a consulting business systems and software where he worked between 2008 and 2010, allowed out from 7am to 20:30 Monday to Friday and complete freedom of movement the week- weekends and holidays. He will be required to maintain its electronic bracelet until 26 June 2015, when he will benefit if there were no incidents of a conditional release, a judicial source.
The electronic wrist imprisoned convicts are considered, but perform their sentences not held. They were to 1 August 10,856 under electronic surveillance penalty layout, and 591 investment in late penalty bracelet. The detainees were on the same date to the number of 67,070, with a prison occupancy rate of 116.6%. moneywiz
The sentences of less than two years in prison - one year for subsequent offenses - are subject to a mandatory review of possible incarceration before planning measures, longer in detention thresholds moneywiz defined by the Code of Criminal Procedure . Electronic monitoring is done through a "bracelet", placed at the ankle. It can hide under the pants and it is possible to shower or go burglar stores with porticos.
A fixed housing is installed by the probation service and the prison administration insertion (SPIP) at the home of convicted set with hours outlets moneywiz authorized by the judge. If the convicted and bracelet are not connected to the database at scheduled an alarm is automatically sent to SPIP and a probation officer contacts the convicted and the sentence enforcement judge (JAP). In the event of breach, the JAP may decide sanctions, up to return to prison.
In March, the Court of Cassation, the highest French court, confirmed Kerviel prison sentence but set aside 4.9 billion in damages to which he was sentenced, considering that the "negligence" of the bank had contributed to "fraud and financial consequences." This component will prochainemen