Ex-Barclays Traders Get as Much as 6 1/2 Years in Prison
(Bloomberg) -- Four former Barclays Plc traders were sentenced to as many as 6 1/2 years in prison for manipulating the Libor interest-rate benchmark as U.K. judges continued meting out tough punishments for white-collar crime.
Jay Merchant, 45, was sentenced to 6 1/2 years in prison. Peter Johnson, 61, and Jonathan Mathew, 35, received four years in prison. Alex Pabon, 38, will serve two years and nine months in jail.
To contact the reporter on this story: Suzi Ring in London at sring5@bloomberg.net.
To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net.
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