Supporters Of Jailed Libor Trader Tom Hayes Launch Crowdfunding Campaign
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Supporters Of Jailed Libor Trader Tom Hayes Launch Crowdfunding Campaign
Supporters of Tom Hayes, the first person to be convicted for the manipulation of the London Interbank Offered Rate (LIBOR), have launched a crowdfunding appeal to raise £150,000 ($217,403) to fund a further appeal against his conviction. The former trader, currently serving an 11-year prison sentence, was also ordered to pay a confiscation order of £878,806 ($1,240,267) in February by a UK criminal court.
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Hayes was initially given a 14-year sentence before it was reduced to 11 ... (read more)
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