Pursuits
Ex-RBS Traders Cleared of Tax Fraud as Jefferies Trio Jailed
- Jurors find three former RBS traders not guilty of tax fraud
- Ex-Jefferies traders convicted earlier in similar movie scheme
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Three former traders at Royal Bank of Scotland Group Plc were found not guilty of cheating on their taxes using a film investment scheme, a few months after a trio of former Jefferies Group LLC bankers was convicted over a similar movie project.
Legal restrictions prevented the earlier verdicts from being reported until now.