Barclays- fraud

[MrMarkyMark]

Indeed. There needs to be punitive asset confiscations. Would have helped in the case of Fred the Shred.

Unmentionable in our house.

Mrs. MarkyMark had RBS shares .

[BrilloPad]

But still come out never having to work again...

Indeed. There needs to be punitive asset confiscations. Would have helped in the case of Fred the Shred.

[TheFaQQer]

You nicked my avatar

I was waiting for you to notice

[AtW]

But still come out never having to work again...

Money will be confiscated (if convicted) ...

[AtW]

I used to work in a coffee shop in Ripon with the person that put together that deal.

She got £110 million commission (£40 million profit) from that one, and I'm on CUK

You nicked my avatar

[SueEllen]

And she might end up in prison.

But still come out never having to work again...

[BrilloPad]

I used to work in a coffee shop in Ripon with the person that put together that deal.

She got £110 million commission (£40 million profit) from that one, and I'm on CUK

And she might end up in prison.

[scooterscot]

Is this the same Barclay's that showered in the limelight of 2008 indicating it was cleaner than a clean thing with clean bits on it?

[TheFaQQer]

I used to work in a coffee shop in Ripon with the person that put together that deal.

She got £110 million commission (£40 million profit) from that one, and I'm on CUK

[SueEllen]

linky

Barclays and four former executives have been charged with fraud over their actions in the 2008 financial crisis.

The Serious Fraud Office case relates to the billion of pounds the bank raised from Qatari investors enabling it to avoid a government bailout.

Former chief executive John Varley is one of the four ex-staff who will face Westminster magistrates on 3 July.

Barclays says it is considering its position and awaiting further details.

"The charges arise in the context of Barclays' capital raisings in June and November 2008. Barclays awaits further details of the charges from the SFO," the bank said in a statement.