Janus Henderson Analyst: Trading Club Trial
- A London court heard closing arguments in the trial of a former Janus Henderson analyst accused of running a "secret trading club." Redinel Korfuzi,along with his sister and...
- Prosecutors allege Korfuzi, in his former role, leaked market-sensitive information about companies like Daimler and Jet2 to Oerta Korfuzi, Rogerio de Aquino, and Dema Almeziad.
- Tom Forster KC, representing the FCA, told the jury the group's motive was "greed, plain and simple." He described the operation as a "secret trading club" rigged with...
Financial markets are watching closely as the London insider trading trial of a former Janus Henderson analyst concludes, a case centered on a “secret trading club.” The prosecution alleges Redinel Korfuzi, along with several associates, made nearly £1 million in illegal profits via insider dealing. News Directory 3 reports that the group,accused of sharing confidential data about companies like daimler and Jet2,denies all charges of insider trading and money laundering. The jury is set to deliberate soon, with the defense claiming the funds originated from a construction business. Discover what’s next in this unfolding high-stakes financial drama.
London Insider Trading Trial Nears Conclusion: Analyst Accused of leading ‘Secret Trading Club’
Updated June 4, 2025
A London court heard closing arguments in the trial of a former Janus Henderson analyst accused of running a “secret trading club.” Redinel Korfuzi,along with his sister and two associates,allegedly used confidential information to generate nearly £1 million in illegal profits through insider trading.
Prosecutors allege Korfuzi, in his former role, leaked market-sensitive information about companies like Daimler and Jet2 to Oerta Korfuzi, Rogerio de Aquino, and Dema Almeziad. The Financial Conduct Authority (FCA) claims the group engaged in insider dealing and money laundering between December 2019 and March 2021.
Tom Forster KC, representing the FCA, told the jury the group’s motive was “greed, plain and simple.” He described the operation as a “secret trading club” rigged with inside information. The FCA investigation, dubbed Operation Naples, led to charges in january 2023, and the trial began in february.
The prosecution highlighted trades in companies like Smurfit Kappa and Vonovia, often executed within 24 hours of Redinel Korfuzi obtaining inside information. They also pointed to cash deposits made into various bank branches on the same day,alleging an attempt to conceal the source of the funds.
Redinel and Oerta korfuzi testified,claiming the money stemmed from cash payments from U.K. clients of their father’s Albanian construction business, not from illegal trading. De Aquino and Almeziad did not testify but told the FCA they were “hoodwinked” and “duped” by Korfuzi.All four maintain their innocence in the insider trading case.
“Are you being told the truth by the Korfuzis? If not, ask yourselves why you have been lied to? It’s not for an innocent reason. It’s because the cash is dirty and they have been running a trading club to cheat the market,” Forster saeid.
What’s next
The jury is expected to begin deliberations next week in this high-profile insider trading trial.