Age, Biography and Wiki
Kareem Serageldin was born on 1973 in Cairo, Egypt, is a Banker, former employee of Credit Suisse. Discover Kareem Serageldin's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 51 years old?
| Popular As |
N/A |
| Occupation |
N/A |
| Age |
51 years old |
| Zodiac Sign |
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| Born |
1973 |
| Birthday |
1973 |
| Birthplace |
Cairo, Egypt |
| Nationality |
Egypt
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We recommend you to check the complete list of Famous People born on 1973.
He is a member of famous Banker with the age 51 years old group.
Kareem Serageldin Height, Weight & Measurements
At 51 years old, Kareem Serageldin height not available right now. We will update Kareem Serageldin's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
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Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family |
| Parents |
Not Available |
| Wife |
Not Available |
| Sibling |
Not Available |
| Children |
Not Available |
Kareem Serageldin Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Kareem Serageldin worth at the age of 51 years old? Kareem Serageldin’s income source is mostly from being a successful Banker. He is from Egypt. We have estimated Kareem Serageldin's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Banker |
Kareem Serageldin Social Network
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Timeline
Kareem Serageldin (born in 1973) is a former executive at Credit Suisse.
He graduated from Yale University in 1994.
Upon graduating in 1994, he joined the information technology department of Credit Suisse.
He moved to London 4 years later to work in the bank's catastrophe bonds business.
By age 33, he was named the global head of structured credit.
He is notable for being the only banker in the United States to be sentenced to jail time as a result of the financial crisis of 2007–2008, a conviction resulting from mismarking bond prices to hide losses.
Serageldin was born in Cairo, Egypt to parents of modest means.
He moved to the United States as a child and spent most of his childhood in the Upper Peninsula of Michigan.
By 2007, he was supervising 70 employees and more than $50 billion in trading positions.
Despite earning approximately $7 million per year, Serageldin lived modestly; his apartment overlooking London Victoria station was described by his friends as "a grown-up dorm room".
By early 2008, he was fired from Credit Suisse and was reported to the United States Attorney for the Southern District of New York for falsifying records.
On February 1, 2012, Serageldin was charged by Preet Bharara, the United States Attorney for the Southern District of New York, and the Federal Bureau of Investigation as well as the U.S. Securities and Exchange Commission.
On April 12, 2013, Serageldin pleaded guilty to fraudulently inflating the prices of asset-backed bonds which comprised subprime residential mortgage backed securities and commercial mortgage backed securities in Credit Suisse's trading book in late 2007 and early 2008.
On November 22, 2013, Judge Alvin Hellerstein sentenced Serageldin to 30 months in prison.
Serageldin also agreed to return $25.6 million in compensation to Credit Suisse.
On January 21, 2014, Serageldin was ordered to pay more than $1 million to settle the lawsuit by the U.S. Securities and Exchange Commission.
He was also effectively barred from the securities industry.
Serageldin said he committed the crime "To preserve my reputation in the bank at a time when there was great financial turmoil".
He served at the Moshannon Valley Correctional Center and was released in March 2016.
