Crowdfunding To Free “Wall Street” Convict

If you’re a Bernie Sanders supporter, then you probably won’t be contributing to the crowdfunding campaign to raise legal fees for the appeal of Tom Hayes.

Hayes was the London trader who is currently serving an 11-year sentence for conspiring to rig Libor ( London Interbank Offered Rate) rates.

So, if you’re in favor of jailing Wall Street wrong-doers, this won’t be your cup of tea.

To make matters worse (by some observers), Hayes claims that he suffers a form of Asperger’s syndrome and that contributed to his misdeeds.
http://www.ibtimes.co.uk/tom-hayes-libor-traders-supporters-launch-crowdfunding-campaign-overturn-conviction-1558466

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About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in accredited investor, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, Dodd Frank, fine, fraud, Funding Portals, Investments, Jobs, Legislative Intent, penalty, SEC and tagged , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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