Ex-Barclays Forex Chief Can't Dodge HP Fraud Charges

By Bonnie Eslinger (August 22, 2018, 4:34 PM EDT) -- A California federal judge on Tuesday rejected a second bid by a former Barclays PLC trader to ditch an indictment accusing him of scheming to defraud Hewlett-Packard Co. in a £6 billion options transaction, saying the charges could hinge on the government's allegations he made misrepresentations and "half-truths."

U.S. District Judge Charles R. Breyer denied defendant Robert Bogucki's second motion to dismiss the charges in a brief, five-paragraph order, saying a conviction for wire fraud could also be based on "affirmative misrepresentations, and the government has properly alleged that Bogucki made misrepresentations to HP."

The former head of Barclays currency options trading...

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