Libor-Rigging Suspects Deny Fraud, Conspiracy Charges

Law360, New York (December 17, 2013, 2:09 PM EST) -- Three suspects facing charges that they participated in a widespread conspiracy to rig the London Interbank Offered Rate, the primary global benchmark for short-term interest rates, all pled not guilty during a court hearing Tuesday morning in London, according to the U.K.'s Serious Fraud Office.

Former UBS AG and Citigroup Inc. trader Tom Hayes and former RP Martin Holdings Ltd. brokers Terry John Farr and James Andrew Gilmour, who were arrested a year ago, denied the allegations during the hearing before Justice Jeremy Cooke in Southwark...
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