Rate-Rigger Ordered To Hand Over £878,806
Convicted Libor rate-rigger Tom Hayes has been ordered to hand over almost £880,000 or face another three years in jail. The former Citi and UBS trader, who is currently serving an 11-year sentence , had faced a Serious Fraud Office (SFO) bid to recover up to £2.45m he was paid during the period. Assets include his Mercedes-Benz car, engagement and wedding rings.
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