Former Libor Traders Attack Fraud Squad for Alleged Misleading Evidence

[kreslik.news]

Back in August, three former Barclays traders, Jonathan Mathew, Jay Merchant, and Alex Pabon, who were served prison sentences for their roles in manipulating the Libor interest-rate benchmark, appealed their convictions. This was a year after former UBS trader Tom Hayes became the first person to be sentenced over Libor-rigging.

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Finance Magnates has today learned that two of the convicted Libor traders have launched attacks against the head of the Serious Fraud Squad (SFO) for presenting what they referred to as “misleading” evidence about their trials, as per a City A.M. ... (read more)