The Serious Fraud Office (SFO) has charged two former brokers at RP Martin Holdings Limited with offences of conspiracy to defraud in connection with the investigation into LIBOR manipulation.
The brokers, Terry Farr and James Gilmour, were arrested on 11 December 2012 - alongside former UBS and Citigroup trader Tom Hayes - by officers from the SFO and City of London Police. Both are from Essex. They attended Bishopsgate police station this morning where they were each charged by City of London Police. Gilmour was charged with one count of conspiracy to defraud, while Farr was charged with two counts of the same offence. They will appear before Westminster Magistrates Court at a later date. The SFO's investigation into the manipulation of the interbank lending rate cont...
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