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View Full Version : UBS admits fraud in $1.5 billion Libor rigging deal - Deccan Herald



FraudNews
12-19-2012, 09:37 PM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEjIoZ-L0-Ly-vpFOFoTmNOxzYNVAamp;url=http://www.deccanherald.com/content/299528/ubs-admits-fraud-15-billion.htmlbUBS admits bfraud/b in $1.5 billion Libor rigging deal/b/abr /font size=-1bfont color=#6f6f6fDeccan Herald/font/b/fontbr /font size=-1Swiss bank UBS was hit with a $1.5 billion fine on Wednesday, admitting to bfraud/b, paying bribes to brokers and quot;pervasivequot; manipulation of global benchmark interest rates by dozens of staff in a deal with international authorities. The penalty agreed b.../b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?ncl=dXHLqY07kRfC9hMamp;ned=en_zanobrb/b/nobr/a/font/div/font/td/tr/table

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