DOJ Said to Open Criminal Probe of FX Market Rigging

They forgot the “I” in FX… This is why every homeowner with an ARM or LIBOR based rate loan should incorporated a rigged LIBOR rate claim and argument into their Answer…and serve discovery with it!

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DOJ Said to Open Criminal Probe of FX Market Rigging

The U.S. Justice Department has opened a criminal investigation of possible manipulation of the $5.3 trillion-a-day foreign exchange market, a person familiar with the matter said.

The Federal Bureau of Investigation, which is also looking into alleged rigging of interest ratesassociated with the London interbank offered rate, or Libor, is in the early stages of its currency market probe, said the person, who asked not to be identified because the inquiry is confidential.

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1 thought on “DOJ Said to Open Criminal Probe of FX Market Rigging

  1. Just another example of the fact that the criminal enterprizes, aka banks, just can’t seem to stop themselves, or maybe they are trying to recoup the losses on their self-created legal bills.

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