Brokers Charged in LIBOR Investigation



According to the UK’s Serious Fraud Office, Terry Farr and James Gilmour, former brokers at RP Martin Holdings, have been charged with offenses of conspiracy to defraud in connection with an investigation into the manipulation of LIBOR.

Farr and Gilmour were arrested on December 11, 2012 (along with Tom Hayes) by officers from the SFO and the London police.

Gilmour has been charged with one count of conspiracy to defraud, and two counts of the same offense for Farr. They will appear before Westminster Magistrates Court at a later date.

To read the related article posted by the Wall Street Journal (subscription required): click here.


Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

No tags available

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com