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SFO to charge six more people in Libor probe – reports

Six more people are facing criminal charges from the Serious Fraud Office in connection with its investigation into alleged Libor rigging, the FT reports.

In July last year, two former brokers at wholesale broking firm RP Martin Holdings were charged with conspiracy to defraud as part of the SFO’s investigation into the manipulation of Libor.

Terry Farr and James Gilmour, both from Essex, were arrested in December 2012 by officers from the SFO and the City of London Police.

Former UBS and Citigroup trader Tom Hayes has also been charged with eight counts of fraud.

According to the FT, a further six people will be charged in relation to Libor manipulation by the end of the month.

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