United States v. Allen

OPINION AND ORDER

JED S. RAKOFF, UNITED STATES DISTRICT JUDGE.

On November 5, 2015, following a three-week jury trial, defendants Anthony Allen and Anthony Conti were convicted of conspiracy to commit wire fraud and bank fraud, as well as several substantive counts of wire fraud. See Verdict, Dkt. 147. The basic charge was that defendants, employees of the Dutch bank Cooperative Cent-rale Raiffeisen-Boerenleenbank B.A. (“Ra-*701bobank”), had participated in a scheme to manipulate the London Interbank Offered Rate (“LIBOR”) to favor the trading positions of Rabobank traders. Defendants Allen and…