Two from Essex arrested in Libor-rigging probe

First published in News by

Three men, including two from Essex, has been arrested in connection with a probe into the Libor rate-rigging scandal.

The men aged 33, 41 and 47 - were arrested on Tuesday and have been taken to a London police station following searches at a property in Surrey and two premises in Essex.

The Serious Fraud Office opened its investigation into Libor manipulation in July after Barclays was fined £290 million by US and UK regulators for rigging the key lending rate which affects mortgages and loans. Other banks are also subject to investigation.

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