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FBI announces NBA arrests in Mafia-linked gambling, sports rigging probes

More than 30 people, including NBA head coach Chauncey Billups and player Terry Rozier, have been arrested as part of federal investigations into gambling and “sports rigging” operations linked to multiple major crime families, law enforcement leaders said Thursday. “We are here in New York to announce a historic arrest across a wide, sweeping criminal … Read more

Tom Hayes, the UBS trader who spent 5 years in prison unjustly convicted of rigging interest rates, describes what it’s like to be vindicated

Former UBS and Citigroup banker Tom Hayes was one of the few people convicted of crimes and sentenced to prison for trading activities leading up to the Great Financial Crisis. His conviction was overturned last week by the U.K. Supreme Court. Hayes told Fortune the news took days to sink in—even though he was notified … Read more

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