Former trader jailed for conspiracy to rig global Libor interest rates fails to have conviction overturned at court of appealTom Hayes,the former trader jailed for conspiracy to rig global Libor interest rates, has had his sentence slit to 11 years from 14, and but failed to have his conviction overturned.
On Monday three senior court of appeal judges reduced the sentence,one of the longest prison terms on record for UK white collar crime, after considering factors such as Hayes’s age, and lack of seniority and his Asperger’s syndrome diagnosis.
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Source: theguardian.com