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Two former JPMorgan traders sentenced to prison for fraud and market manipulation

A man walks inside one of the JPMorgan Chase & Co. buildings in New York.
Photo: Getty Images

Martina Lindberg

2 min read
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The defendants had held positions as the company’s Head of Global Precious Metals Business and Head Gold Trader in New York.

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

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