Tom Hayes, the first trader ever jailed for rigging interest rates, has had his conviction overturned by the UK Supreme Court after nearly a decade of legal battles. The former Citigroup and UBS trader was found guilty in 2015 of conspiring to manipulate the London Interbank Offered Rate (Libor), receiving a 14-year prison sentence, later […]
British trader Sanjay Shah has been extradited from the United Arab Emirates to Denmark to face tax fraud charges totaling £1.46 billion. The charges stem from alleged fraudulent share trading schemes conducted by Solo Capital, the hedge fund Shah founded. Despite living in Dubai, Shah denies any wrongdoing, asserting that the trades in question were […]

