Javier Martin-Artajo, the former JPMorgan executive reported to be under threat of arrest over the "London Whale" trading losses, escaped the City to a prestigious country address — which appeared empty on Monday.
Media reports on Friday suggested Martin-Artajo and former colleague Julien Grout could be arrested within days, on charges of masking a multi-billion dollar trading loss, which has cost the bank more than $6 billion. However, Martin-Artajo's house was unoccupied on Monday, and neighbors told CNBC he might have left the country.
The banker lives in Chipping Norton in the Cotswolds, a short drive from the homes of Prime Minister David Cameron and former News Corp executive Rebekah Brooks, who will contest charges related to phone hacking at London's highest criminal court in September. The area and its inhabitants, known as the 'Chipping Norton set', came under the spotlight last year when it emerged that Cameron had ridden a horse Brooks had been given by the Metropolitan Police, in a story seen by some as highlighting the close links between News Corp, the government and the police.