SFO rigging Forex corruption case - once again clear wrongdoing in the forex sector yet no one held to account https: Forex rigging was the most recent in a series of rate-rigging rigging to engulf the global financial sector. They rigged the foreign currency trades via email and online chat rooms to the detriment of forex companies and sfo who had placed trust in them. The rogue traders then relayed instances where they bolstered their profits, while lobbying their managers for bigger bonuses. The SFO has had little success in prosecuting financial crime in Britain, excluding the conviction of UBS trader Tom Hayes. The former financial trader is serving an year jail sentence for rigging to rig Libor interest rates and will return this week to a London court in a multimillion-pound case against prosecutors forex to sfo his assets. The watchdog sfo also liaising with the US Department of Justice DoJ over their ongoing investigation into Forex rigging. The FCA then referred the case to the SFO in Julywhich subsequently launched a probe involvingdocuments and 27 staff. News America UK Russian politics Business Sport Op-Edge In vision In motion RT Shows On-Air Talent More. Former trader Tom Hayes.
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