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Close Topic OptionsTom Hayes Fraud Case
Tom Hayes Fraud Case - Politics, Business, Civil, History - Posted: 29th Jun, 2013 - 5:03pm
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Manipulation of the London inter-bank offered rate, or Libor
Post Date: 18th Jun, 2013 - 2:58pm / Post ID: #
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Tom Hayes Fraud Case
Tom Hayes Fraud Case
The United Kingdom's Serious Fraud Office has charged Tom Hayes in connection with the investigation into the manipulation of the London inter-bank offered rate, or Libor, a key financial benchmark that affects the setting of global interest rates. Ref. BBC
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He won't face the U.S. Justice system because under British double-jeopardy laws, someone facing a charge in England can't be extradited to face the same charges in another jurisdiction.
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TOPIC: Tom Hayes Fraud Case