The United Kingdom’s Serious Fraud Office has brought charges against three former employees at Barclays Bank Plc, Peter Charles Johnson, Jonathan James Mathew, and Stylianos Contogoulas, in connection with its investigation into the manipulation of LIBOR. The SFO alleged that the defendants conspired to defraud between June 1, 2005 and August 31, 2007.
On July 6, 2012 the SFO announced that it had decided to accept the LIBOR case for investigation. The SFO brought LIBOR related charges against Tom Hayes in June 2013 and against Terry Farr and James Gilmour in July 2013.
The SFO, an independent government department responsible for investigating and prosecuting serious and complex fraud, bribery, and corruption that is headed by Director David Green, who exercises powers under the superintendence of the Attorney General, said that its LIBOR investigation is continuing, and that it is continuing to work with the U.K. Financial Conduct Authority and the U.S. Department of Justice on their respective ongoing investigations.
- Trader Charged in LIBOR Investigation
- 3 Arrested in LIBOR Case
- LIBOR Rate Fraud Case Must Be Serious - UK's Serious Fraud Office To Investigate
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