Peter Friederich

Peter Friedeich (born 1942 in )s a former Swiss ambassador He was a career diplomat, working in the Swiss Foreign Ministry since 1971 and had served as ambassador to Vietnam and Cuba. He was made ambassador to Luxembourg in December 1999.

During his time as ambassador, Friederich invested money on behalf of friends in the stock market. He would promise a higher than average return on the investments. After the stock market crash in 2000 he lost CHF5 million. CHF2.37 million was deposited into his private bank account by Antonio Florido Sosa, a Spanish . The money was then transferred to various bank accounts.

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Famous quotes containing the word peter:

    A man’s idea in a card game is war—cruel, devastating and pitiless. A lady’s idea of it is a combination of larceny, embezzlement and burglary.
    —Finley Peter Dunne (1867–1936)