On Tuesday, the Serious Organised Crime Agency announced that the assets of several traders and brokers have been frozen in connection with an insider trading probe. According to TVNZ, each suspect is allowed just £300 ($640) per week to cover all their families’ needs “including food, utility bills, mortgage payments and school fees.”
TVNZ observes that the “UK minimum wage is 5.80/hour ($12/hr) and given most people on trading floors work at least 10 hours a day, the weekly limit is in line with earnings of staff who clean the arrested men’s places of work.”
