Two former precious metals traders at JPMorgan Chase & Co. (JPMorgan) have been sentenced to prison for engaging in fraud, attempted price manipulation, and spoofing in a market manipulation scheme that lasted over eight years. Both defendants were involved in tens of thousands of unlawful trading sequences, which resulted in
Two former JPMorgan traders sentenced to prison for fraud and market manipulation
The defendants had held positions as the company’s Head of Global Precious Metals Business and Head Gold Trader in New York.