Wednesday, August 20, 2014

Second Rabobank Employee Admits Guilt in Major Fraud

Paul Robson, a former Rabobank employee in London, has admitted before a New York court that he has participated with colleagues in a conspiracy to influence the Libor tariff. He is the second former Rabobank employee to admit his guilt. Rabobank has paid a fine of almost 775 million Euro to the American and European authorities in regard to this issue.   

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