JP Morgan Gold Traders Go To Jail, While JP Morgan Exits DoJ "Sin Bin"
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Stay updated with breaking news from Jeffrey Ruffo. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Gregg Smith, formerly JPMorgan's chief gold trader, was convicted on 11 charges for manipulating gold and silver prices from 2008 to 2016 and sentenced to two years behind bars.
Former JPMorgan Chase gold and silver trader Christopher Jordan was convicted of wire fraud affecting a financial institution by a federal jury in Chicago, the latest win for U.S. prosecutors in their crackdown on illegal "spoofing" trades and market manipulation.
(Reuters) - A former trader at JPMorgan Chase & Co and Credit Suisse was convicted of fraud in U.S. court on Friday for scheming to manipulate preciou...
Christopher Jordan was openly resentful of his colleagues on the JPMorgan Chase precious-metals desk for getting him fired. Now he's facing a fraud trial just like them.