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