Truth & Li(e)bor-bookcover

By: Stelios Contogoulas

Truth & Li(e)bor

Pages: 184 Ratings: 5.0
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Truth & Li(e)bor is the story of the author’s personal journey and legal battles which consumed over six years of his life.

As the story unfolded, the author slowly began to understand that even though he was charged with “conspiracy to defraud”, the real conspiracy might have been elsewhere. Was he one of the conveniently selected scapegoats thrown under the bus, allowing others to escape untouched? Had it been a well-executed plan involving individuals from all over the globe and in many different roles? Was it a coincidence that the LIBOR “scandal” emerged shortly after the Great Financial Crisis of 2008? Why has the practice of “lowballing” been seemingly buried within the media?

One of the author’s main tasks is to put readers in his shoes and make them ask themselves a few simple questions: “How would I react to the events that are unfolding? Would I have carried out my professional duties like he did? Would I have done something different if I was in his shoes? How would I have coped with the adversity?”

Stelios Contogoulas is a Greek finance professional who turned to writing in 2018, following a career in IT consulting and subsequently in derivatives trading.


He was born in Greece but has lived a big part of his adult life abroad. He studied computing at Imperial College London, and then obtained an MBA at Manchester Business School. Having spent ten years working as an interest rate derivatives trader in London, Stelios was caught up in the LIBOR ‘scandal’ in 2014 and was acquitted three years later.


This is Stelios’s first authoring effort, inspired and driven by his multi-year legal battle.



Customer Reviews
5.0
11 reviews
11 reviews
  • Steve Andrew

    A gripping learning journey! A real "this could happen to you" story.

    I found this book fascinating for two main reasons. First of all, it's a life story. It takes you step by step through a journey from high school to adulthood, of a man who was just interested in learning, working, and furthering his career. At every step you are thinking "I would have done the same thing". And yet you arrive at a point that is the stuff of nightmares for anyone. And that's where you see how he found inner strength, with the support of a loving family, to face the situation, and give a just fight. At the same time, it's really educational about the entire legal process, the challenges, the choices, the opportunities, how the justice system works. And of course also about the financial world and what a beast that is.

    I don't read much, but I read this book from cover to cover in a flash. Highly recommended!

  • ETM

    “Truth & Liebor”, a new entry in the “Crime & Scandal” Banking/Finance category, starts off all fun & games, but soon gets darker & darker. And then it turns really sinister. Well-calculated lies, thorough manipulation and gargantuan greed form a tight web to destroy innocent lives. There are plenty of fiction books about how cynical “big players” cover their tracks with multi-level, far-fetched strategies, but this story is real. The scandal is HUGE, I will not give you any spoilers, just remember that defraud is still very much out there doing “business as usual”. Hair-standing realization. I cannot wait for the book to be turned into a movie (dialogues are already in place!). Kudos to the writer, it took big ****** to survive the massive attack of a whole rigged financial system (going all the way up, mind you) and still find the courage to tell the story!

  • Marco Alvisi

    If you only have little daily time to spend for reading, beware because this book will literally ravish you until you get to know the end. Very well written, you will be introduced to the golden world of a successful young trader in the banking industry, whose experience suddenly turns into a judicial nightmare. Having simply executed his bosses orders as a junior trader, will cost him years of prosecutions coming to an end with a "not guilty" virdict. The final relief did not cancel the bitter taste of having been treated as the escapegoat of a much bigger game. Absolutely not to miss.

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