The fraud office said today that City of London police charged 41-year-old Terry John Farr with two counts while 48-year-old James Gilmour received one count. The two are former brokers at RP Martin Holdings.
Authorities say the men were arrested in December after the fraud office opened its investigation into manipulation of the London interbank offered rate, or LIBOR.
LIBOR is the rate banks lend to each other and underpins trillions of dollars of transactions worldwide.
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