JP Morgan Chase Precious Metals Traders in Decade Long Price Manipulation Scheme

A multi-year investigation by the Justice Department has resulted in the convictions of two key leaders from the Precious Metals Trading Desk at JP Morgan Chase. The two defendants, Michael Nowak and Gregg Smith were convicted by jury of wire fraud, attempted price manipulation, commodities fraud, and price spoofing involving a scheme that spanned for … Read moreJP Morgan Chase Precious Metals Traders in Decade Long Price Manipulation Scheme