A nickel-trading scam targeting JPMorgan is raising fresh questions about the London Metal Exchange ...Middle East

Quartz - Economy
A nickel-trading scam targeting JPMorgan is raising fresh questions about the London Metal Exchange
The discovery that $1.3 million worth of nickel kept in a warehouse in the Netherlands was actually just bags of stones has renewed scrutiny of the London Metal Exchange (LME), one of the world’s oldest marketplaces for non-ferrous metals. The fraudulent nickel, found in a warehouse in the port of Rotterdam operated…Read more...

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