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Second former Rabobank trader pleads guilty in Libor case

Paul Robson admits to one count of conspiracy to commit wire fraud and bank fraud

Another former yen trader for Dutch bank Rabobank Group has pleaded guilty to charges that he participated in a scheme to manipulate the benchmark London interbank offered rate, or Libor.

The trader, UK citizen Paul Robson, pleaded guilty Monday in a New York federal court to one count of conspiracy to commit wire fraud and bank fraud for manipulating yen Libor, the US Justice Department said.

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