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Convicted Libor salesman Tom Hayes has joined a private spook firm


Tom Hayes, a former UBS և Citigroup salesman convicted of plotting to liborize Libor, has joined an intelligence agency led by Seth Friedman, a former Cuban operator.

Hayes was released from prison In January արում fights to overturn his conviction. In June, he will join Friedman’s new agency, Red Mist, as a consultant, providing intelligence services focused on white-collar’s financial irregularities.

The trader said he learned new skills in prison while working on his appeal, which is being reviewed by the Criminal Review Commission, a body that investigates possible miscarriages of justice. The CCRC will decide whether Hayes’ case will return to the Court of Appeals in June.

Hayes said he needed a job that would allow him to continue working on his business, that corporate espionage matched his skills.

“I have spent a lot of time [in prison] is passing [court documents] “It was written in the smallest font, reading hundreds of thousands of files,” the 41-year-old told the Financial Times. “It’s Sarah’s thing [his ex-wife, a lawyer] He says I feel good. “

“No one fights harder than someone who fights for his own freedom,” he added. “It’s when you learn new skills.”

He said prison staff said his cell was “fire hazardous” because of the amount of papers inside.

Friedman worked secretly with the infamous film director Harvey Weinstein, and has been a private spy since leaving the Cube in 2018.

The company will meet the growing demand for private spy work, said intelligence agents had flourished as the enforcement authorities postponed the investigation into insolvency և white collar crimes. Founded by veterans of the Israeli intelligence agency, the Black Cube was one of the most notable for Weinstein’s work.

Hayes became the first banker to be convicted of global conspiracy to commit fraud The interest of the Libor bar During its two-month trial, the UK Serious Fraud Office identified the former seller as the ringleader of the Libor international fraud conspiracy.

He was released five and a half years later in January, and claims that new evidence will show that he was unjustly convicted. The CCRC is considering up to nine grounds for appeal.

Hayes’ lawyers claim that the former trader was produced scapegoat for his managers, who Hayes claims he was aware of, supported his actions, համար for the banks.

Hayes has a mild form of Asperger’s Syndrome, which he cites as an element of appeal against his judgment. During his time at Tokyo UBS, he was a star derivatives trader from 2006 to 2009, earning the bank more than $ 280 million.

Hayes և Friedman met better Simon Cockwell. They will work together in the case of Baron Allie of Norbury, who once ran the Koovs fashion business, formerly known as India’s Asos. The company collapsed in December 2019, և Freedman operates for shareholders eliminated from the collapse.

Friedman said Hayes had diligent research skills that would be useful for working as a challenger. He has spent time advising civil litigation in various cases against the Banking Association’s various banks. Many of those plaintiffs visited him in prison.



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