UK Charges 2 Ex-RP Martin Brokers In Libor Probe

Law360, New York (July 15, 2013, 12:51 PM EDT) -- U.K. authorities on Monday hit two former RP Martin Holdings Ltd. brokers with fraud conspiracy charges over their alleged roles in manipulating the London Interbank Offered Rate, a move that follows last month's charges against a former UBS AG and Citigroup Inc. trader.

Terry John Farr, 41, and James Andrew Gilmour, 48, were charged Monday morning in London by the city's police, the U.K. Serious Fraud Office said in a statement. Gilmour faces one count of conspiracy to defraud, while Farr faces two counts of conspiracy...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.