US DoJ changes tactics in Bogucki case

US attorneys will use bank fraud laws to pursue the former currency trader, extending the statute of limitations

Change of course: US claims Barclays and two other financial institutions were affected by the alleged scheme

US attorneys have filed a superseding indictment against former Barclays currency trader Robert Bogucki, using bank fraud laws to trigger a 10-year statute of limitations on his alleged misconduct.

Bogucki, a former head of foreign exchange trading in New York, is accused of defrauding Hewlett-Packard on £6 billion worth of cable options in 2011.

In a new filing on March 27, the US Department of Justice charged Bogucki with conspiracy and wire fraud affecting a financial institution. The DoJ

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