Britain's Serious Fraud Office (SFO) and City of London Police made the first three arrests in global probes into tampering with benchmark interest rates, notably the London interbank offered rate (Libor).
The three men arrested, aged 33 to 47, were British nationals living in the country, the SFO said. The agency - an independent British government department - and police also searched three homes in Surrey and Essex.
via Business feed http://www.scmp.com/business/banking-finance/article/1103307/britain-serious-fraud-office-arrests-three-libor-tampering
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