Serious Fraud Office closes investigation into rigging of forex market despite ‘reasonable grounds’ to suspect fraudA long-running investigation by the Serious Fraud Office into rigging of the £3.5tn-a-day foreign exchange markets has ended without any charges being issued against banks or individuals.
The SFO said that after reviewing more than a half a million documents it had concluded there was inadequate evidence for a realistic prospect of conviction.
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Source: theguardian.com