Former Traders’ Bid to Clear Names Denied in BIR Manipulation Case

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Described as the “ringmaster” of a nefarious plot, Hayes consistently denied wrongdoing, yet the courts upheld his conviction, citing flagrant breaches of regulatory protocol.

The Serious Fraud Office underscored the enduring relevance of the convictions, affirming that accountability knows no bounds, even in the realm of high finance.

As the legal battle rages on, the implications reverberate far beyond the courtroom, casting a shadow over the integrity of global financial markets.

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