{"id":5923,"date":"2016-02-11T00:00:00","date_gmt":"2016-02-11T06:00:00","guid":{"rendered":"https:\/\/institutionalinvestorsecuritiesblog.blawgcloud.com\/2016\/02\/judge_refuses_to_overturn_conv"},"modified":"2016-02-11T00:00:00","modified_gmt":"2016-02-11T06:00:00","slug":"judge-refuses-to-overturn-conv","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/judge-refuses-to-overturn-conv\/","title":{"rendered":"Judge Refuses to Overturn Conviction of UK Traders for Rigging Libor"},"content":{"rendered":"

U.S. District Judge Jed Rakoff in New York has upheld the guilty convictions of former Rabobank (RABO) traders Anthony Conti and Anthony Allen for wire fraud and conspiracy. They are accused of involvement in the scam to rig the yen Libor rates and the U.S. dollar to benefit Rabobank\u2019s trading positions. In 2014, the Dutch lender settled European and US probes into Libor rigging for $1B.<\/p>\n

Allen and Conti, who face up to ten years behind bars, are claiming that they didn\u2019t receive a fair trial because Paul Robson, the federal government\u2019s star witness, read 300 pages of statements that the two British citizens were required to give during a parallel probe in the U.K.<\/p>\n

Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

U.S. District Judge Jed Rakoff in New York has upheld the guilty convictions of former Rabobank (RABO) traders Anthony Conti and Anthony Allen for wire fraud and conspiracy. They are accused of involvement in the scam to rig the yen Libor rates and the U.S. dollar to benefit Rabobank\u2019s trading positions. In 2014, the Dutch […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[4027],"tags":[],"class_list":["post-5923","post","type-post","status-publish","format-standard","hentry","category-libor-scandal"],"yoast_head":"\nJudge Refuses to Overturn Conviction of UK Traders for Rigging Libor — Investor Lawyers Blog — February 11, 2016<\/title>\n<meta name=\"description\" content=\"U.S. District Judge Jed Rakoff in New York has upheld the guilty convictions of former Rabobank (RABO) traders Anthony Conti and Anthony Allen for wire — February 11, 2016\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/judge-refuses-to-overturn-conv\/\" \/>\n<meta name=\"twitter:card\" 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