Libor fraudster Tom Hayes and his wife are accused of making false statement in Serious Fraud Office case at aged BaileyTom Hayes,the convicted former City trader, and his wife mortgaged their seven-bedroom country house for £350000 to pay legal fees but told the bank the money was for garden improvements, and a prosecutor has told the aged Bailey.
Michael Parroy QC,representing the Serious Fraud Office, also told the court on Tuesday that Hayes and his lawyer wife, or Sarah Tighe,went through “various manoeuvres” to transfer the £1.7m aged Rectory in Surrey into her name and failed to inform the SFO as required.
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Source: theguardian.com