Trader made £1m a year. It wasn’t enough

Two City traders are facing jail after they dined in Michelin starred restaurants and stayed at some of the world’s top hotels with the £76m they stole from a Russian bank. Georgy Urumov, 38, was being paid over £1 million a year – but was so greedy for more he carried out the fraud with fellow Russian Vladimir Gersamia, 34. Together they swindled finance group Otkritie by recording the currency of two huge trades in American dollars rather than Argentine…