Antitrust Antitrust

Ex-HSBC forex boss's fraud conviction should be thrown out, lawyers tell US Supreme Court

By Richard Vanderford
  • 26 Jun 2020 16:04
  • 02 Nov 2020 10:06
HSBC's former head of foreign exchange cash trading, Mark Johnson, shouldn't have been convicted of fraud over his role in a contentious $3.5 billion forex transaction, his lawyers told the US Supreme Court, arguing that prosecutors have stretched the fraud law to criminalize legal conduct. 

Upholding Johnson's conviction would allow prosecutors to criminalize

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