Calis Beach and Fethiye Turkey Discussion Forum

Information and Services in Turkey Section => Banks, Interest, Money Transfers, Insurance => Topic started by: Colwyn on August 03, 2015, 16:18:04 PM

Title: Banker Gaoled
Post by: Colwyn on August 03, 2015, 16:18:04 PM
Fraudster Tom Hayes who cheated his banking customers through fixing LIBOR rates - and said he didn't know he was doing anything wrong because everyone was doing it! - has been sent to gaol for 14 years. When a hundred of his banking colleagues have joined him, particularly those at the top, I'll feel a little happier about the UK's banking system. Not much - but a little.

http://www.bbc.co.uk/news/business-33763628

Title: Re: Banker Gaoled
Post by: KKOB on August 03, 2015, 16:48:41 PM
And yet there are people getting a lesser sentence for murder !
Title: Re: Banker Gaoled
Post by: Colwyn on August 03, 2015, 16:57:46 PM
Ahh, you internet trolls! Always trying to spoil a good news story.
Title: Re: Banker Gaoled
Post by: JohnF on August 03, 2015, 16:57:52 PM
Just wait for the appeal.

JF
Title: Re: Banker Gaoled
Post by: KKOB on August 03, 2015, 18:22:14 PM
Apparently I've got no appeal.  ;)
Title: Re: Banker Gaoled
Post by: KKOB on August 03, 2015, 18:24:22 PM
Ahh, you internet trolls! Always trying to spoil a good news story.

(https://encrypted-tbn3.gstatic.com/images?q=tbn:ANd9GcSJIERibrV_uleob9oqDElX_rW-lrEZ9lh7AZindOXdTc9koZrV3FWEUB0)
Title: Re: Banker Gaoled
Post by: usedbustickets on August 04, 2015, 10:52:04 AM
First serious successful prosecution by the SFO since Leason.  Which doesn't say much for the UK justice when dealing with banking and financial crime.  Better he should have been sent to USA for trial.  They do things better there when prosecuting these greedy, cheating robbers, an orange jump suit and led into the courtroom in chains and manacles, sentences of 99 years in state pen.  Mind you even that doesn't seem to stop them.  I guess the rewards far outweigh the risks of getting caught and prosecuted, particularly in the UK.  Especially for the Bank Directors, none of whom we have seen prosecuted yet, but I live in hope.
Title: Re: Banker Gaoled
Post by: kevin3 on August 04, 2015, 14:28:02 PM

  To be fair the UK police have far more important things to do.

  Like chasing and prosecuting celebrities that touched a tit  40 years ago.

  Priorities innit.

  The Bankers and the 400 plus child rapist's in Rotherham can wait.!!