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Three Ex-Brokers Face Criminal Charges Over Libor Scandal

Ex-Brokers Face Criminal Charges Over Libor Scandal
Reuters
The ICAP Plc logo is seen on the company headquarters at 2 Broadgate in London, U.K., on Friday, June 29, 2012. The blueprint regulators gave Barclays Plc and other banks for correcting Libor-rate abuses may not be enough to salvage a benchmark so discredited it needs to be overhauled, some investors say. Photographer: Chris Ratcliffe/Bloomberg via Getty Images
The ICAP Plc logo is seen on the company headquarters at 2 Broadgate in London, U.K., on Friday, June 29, 2012. The blueprint regulators gave Barclays Plc and other banks for correcting Libor-rate abuses may not be enough to salvage a benchmark so discredited it needs to be overhauled, some investors say. Photographer: Chris Ratcliffe/Bloomberg via Getty Images

WASHINGTON, Sept 25 (Reuters) - Three former brokers at ICAP Plc, the world's biggest interdealer-broker, face criminal charges in the United States over allegations that they helped to manipulate the Libor benchmark interest rate.

New Zealand resident Darrell Read, and Daniel Wilkinson and Colin Goodman from England, were charged with wire fraud and conspiring to commit wire fraud in a criminal complaint unsealed on Wednesday.

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