A court has stripped former City trader Tom Hayes (pictured) of more than half of his £1.7m available assets in a confiscation proceeding, a significant win for the Serious Fraud Office's proceeds of crime division.

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1 comment… add one
  • chris boughton-fox 24/03/2016, 09:18

    How refreshing to see a reasonable judge applying a benefit figure based on what the defendant had factually personally received as a result of the alleged crime, rather than some fictitious figure conjured up by the prosecution for publicity.
    This should pave the way for confiscation appeals where judges have simply gone along with unreasonable prosecutors.


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