May
04

Tom Hayes Taps Crowdfunding to Raise $218,000 for Appeal

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  • Ex-UBS trader is serving an 11-year sentence for rigging Libor
  • FundRazr Website says Hayes has raised about 2,100 pounds

Tom Hayes, the former UBS Group AG trader serving 11 years in prison for rigging Libor, has turned to crowdfunding to raise 150,000 pounds ($218,000) for an appeal.

On a Fundrazr webpage covered in photographs of the trader with his wife and son, Hayes’s supporters describe the 36-year-old as a “Libor scapegoat” whose conviction was the result of a “politically motivated show trial.”…

Tom Hayes Taps Crowdfunding to Raise $218,000 for Appeal

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