JP Morgan traders accused of manipulating price of gold, silver for a DECADE, as DoJ tries to look tough on Wall Street ...News

Precious metals traders at JP Morgan made millions through fraudulent trades, operating a sprawling criminal conspiracy to manipulate prices, according to the US Justice Department, which appears to be signaling a crackdown. Current and former JP Morgan precious metals traders Gregg Smith, Michael Nowak, and Christopher Jordan engaged in “a massive, multiyear scheme to manipulate the market for precious metals futures contracts and defraud market participants,” Assistant Attorney General Brian Benczkowski said in a Justice Department statement released on Monday. The DOJ claimed the bankers made millions of dollars by defrauding other

Hence then, the article about jp morgan traders accused of manipulating price of gold silver for a decade as doj tries to look tough on wall street was published today ( Tuesday 17/09/2019 - 02:50 AM ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( JP Morgan traders accused of manipulating price of gold, silver for a DECADE, as DoJ tries to look tough on Wall Street )

Also on site :

• Skanska signs additional contract with existing client to build a data center in USA for USD 228M, about SEK 2.2 billion
• ‘No way out’: Telangana student dies in Germany after jumping from burning apartment on New Year’s Eve
• Switzerland fire latest: King Charles ‘heartbroken’ after 40 killed in ‘horrific’ Crans Montana bar disaster