Convicted Libor rigger Tom Hayes has joined corporate intelligence agency Red Mist.
Hayes, who is awaiting a decision from the Criminal Cases Review Commission, an independent body responsible for investigating suspected miscarriages of justice, will start his new job as a consultant to the agency on 7 June.
Hayes told the Financial Times, which first reported the move, that he had learned “new skills” in prison.
“I spent a lot of time going through the [court documents] written in the tiniest font and reading through hundreds of thousands of files,” Hayes said.
READ Tom Hayes’ battle to quash his Libor conviction nears its end
Red Mist is run by Seth Freedman, a former Black Cube spy who used to work for disgraced producer Harvey Weinstein, according to the FT.
The former UBS and Citigroup trader was released in January from HMP Ford, a low-security prison in West Sussex. He served five and a half years of an 11-year sentence for rigging the London interbank offered rate, a benchmark that helps to determine interest rates on mortgages and big corporate loans.
READ Convicted Libor rigger Tom Hayes diagnosed with multiple sclerosis
The review commission is set to meet on 29 June to decide whether to refer Hayes’ case to the Court of Appeal.
In April, Financial News revealed that Hayes had been diagnosed with multiple sclerosis, a condition that can affect the brain and spinal cord.
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