Office of Attorney General recoups more than $400,000 in restitution for Maryland State Retirement System
BALTIMORE, MD—Maryland Attorney General Brian E. Frosh announced on Monday that the Maryland State Retirement and Pension System has received $405,208.53 in restitution from Union Bank of Switzerland (UBS). In addition, the Attorney General’s Office received $296,000 as payment for its work on the related investigation into fraudulent conduct by major banks involving the manipulation of the LIBOR benchmark interest […]
