Tom Hayes appeals Libor scandal conviction in UK

standard.co.uk

Tom Hayes, a former trader, is fighting to clear his name after being sentenced to 14 years in prison for his role in the Libor interest rate rigging scandal. Hayes served time in maximum security and shared a cell with violent criminals. During his imprisonment, he recounts how he adapted to life behind bars, including trying to entertain his cellmates with a half-hour of television each day. Hayes was convicted in 2015 for eight counts of conspiracy to defraud while working at UBS and Citibank. He argued that the legal system unfairly targeted him in the wake of the 2008 financial crisis. Many believed he was merely a scapegoat in a broader backlash against bankers. Hayes is now appealing to the Supreme Court, hoping to overturn his conviction. Throughout his time in prison, Hayes battled feelings of anger and despair. He reflects on how events spiraled out of control in both his personal and professional life. His marriage ended while he was incarcerated, adding to his struggles. He was released in January 2021 and is now trying to rebuild his life, focusing on reconnecting with his son and coping with his new diagnosis of multiple sclerosis. Despite the challenges he faces, including a difficult dating life and a record as an ex-convict, Hayes holds onto hope. He finds comfort in stories about miscarriages of justice and has reached out to people like Amanda Knox for support. His Supreme Court appeal begins soon, and he hopes for a chance to turn his life around.


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    Former trader appeals UK conviction for rate rigging (dailymail.co.uk)
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