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Tuesday, December 1, 2020
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Tags LIBOR interest rate fraud

Tag: LIBOR interest rate fraud

Supervisor Avalos calls for investigation of LIBOR fraud by big banks

Standing in front of a JPMorgan Chase bank branch on Tuesday afternoon, San Francisco Supervisor John Avalos announced he was launching an investigation into San Francisco’s potential losses from the LIBOR interest rate fraud scandal and to explore options to recoup that money as other cities and counties have recently done.