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Brokers charged

Britain's Serious Fraud Office says two former brokers have been charged with conspiracy to defraud in connection with the rigging of a key benchmark interest rate. The pair, former brokers at RP Martin Holdings, were arrested in December after the fraud office opened its investigation into manipulation of the London interbank offered rate, or LIBOR.
By · 17 Jul 2013
By ·
17 Jul 2013
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Britain's Serious Fraud Office says two former brokers have been charged with conspiracy to defraud in connection with the rigging of a key benchmark interest rate. The pair, former brokers at RP Martin Holdings, were arrested in December after the fraud office opened its investigation into manipulation of the London interbank offered rate, or LIBOR.
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Frequently Asked Questions about this Article…

The Serious Fraud Office said two former brokers have been charged with conspiracy to defraud in connection with the rigging of a key benchmark interest rate, after opening an investigation into manipulation of the London interbank offered rate (LIBOR).

The article says two former brokers were charged. It does not provide their names, only that they were formerly employed as brokers at RP Martin Holdings.

According to the article, the pair were former brokers at RP Martin Holdings.

The article reports that the two former brokers were arrested in December after the Serious Fraud Office opened its investigation into LIBOR manipulation.

LIBOR is identified in the article as the London interbank offered rate, a key benchmark interest rate that was the subject of the fraud office's investigation into alleged manipulation.

No. The article states the two former brokers have been charged with conspiracy to defraud and were arrested, but it does not report any convictions or trial outcomes.

The article does not provide information about effects on RP Martin Holdings or investors. It only reports the charges and the arrests connected to the LIBOR investigation.

The article itself doesn't give advice. A sensible step is to monitor official updates from the Serious Fraud Office and any public statements from RP Martin Holdings or other involved parties as the investigation and legal process continue.