Three ex-Rabobank traders charged with manipulating Yen Libor
WASHINGTON Jan 13 (Reuters) - Three former traders at Dutch bank Rabobank were criminally charged on Monday with manipulating the Yen Libor benchmark interest rate, the U.S. Department of Justice said.
Two former Japanese Yen derivatives traders and a third trader responsible for setting the bank's Yen Libor rate were accused of submitting fraudulent rates in order to benefit their trading positions, the Justice Department said.
A federal judge in New York signed a criminal complaint charging Paul Robson of the United Kingdom, Paul Thompson of Australia and Tetsuya Motomura of Japan, it said. Charges included wire fraud and conspiracy to commit wire fraud, it said.
- Police seek motive in fatal Washington state school shooting
- Wall St. finally turning on Amazon as Bezos magic fades
- Two deputies killed, two others hurt in California shooting spree
- Easter Island's ancient inhabitants weren't so lonely after all
- Two killed, four wounded in Washington state school shooting