*/
After a week’s deliberation, a jury at Southwark Crown Court found former City trader Tom Hayes guilty of conspiracy to defraud, for rigging Libor rates. Mr Justice Cooke sentenced him to 14 years’ imprisonment, stating that Hayes was the “centre and hub” of the manipulation. Hayes was the first person to face a jury trial as a result of the Serious Fraud Office’s investigation into the widespread manipulation of the interbank interest rate. The jury heard that Hayes had rigged the Libor rates daily for nearly four years, from 2006-10, while working for UBS and then Citigroup.
After a week’s deliberation, a jury at Southwark Crown Court found former City trader Tom Hayes guilty of conspiracy to defraud, for rigging Libor rates. Mr Justice Cooke sentenced him to 14 years’ imprisonment, stating that Hayes was the “centre and hub” of the manipulation. Hayes was the first person to face a jury trial as a result of the Serious Fraud Office’s investigation into the widespread manipulation of the interbank interest rate. The jury heard that Hayes had rigged the Libor rates daily for nearly four years, from 2006-10, while working for UBS and then Citigroup.
Chair of the Bar sets out a busy calendar for the rest of the year
AlphaBiolabs has announced its latest Giving Back donation to RAY Ceredigion, a grassroots West Wales charity that provides play, learning and community opportunities for families across Ceredigion County
Rachel Davenport, Co-founder and Director at AlphaBiolabs, outlines why barristers, solicitors, judges, social workers and local authorities across the UK trust AlphaBiolabs for court-admissible testing
A £500 donation from AlphaBiolabs is helping to support women and children affected by domestic abuse, thanks to the company’s unique charity initiative that empowers legal professionals to give back to community causes
Casey Randall of AlphaBiolabs discusses the benefits of Non-Invasive Prenatal Paternity testing for the Family Court
Philip N Bristow explains how to unlock your aged debt to fund your tax in one easy step
