5 Feb 2020 (Reuters) - U.S. authorities that accused six JPMorgan Chase & Co employees of rigging precious-metals futures are building a criminal case 16 Sep 2019 Federal prosecutors on Monday accused three J.P. Morgan precious metals traders of fraud in an alleged spoofing scheme. 5 Feb 2020 U.S. authorities that accused six JPMorgan Chase & Co. employees of rigging precious-metals futures are building a criminal case against the 8 Feb 2020 US authorities that accused six JPMorgan Chase & Co employees of rigging precious-metals futures are building a criminal case against the
17 Sep 2019 There has been a surge in spoofing-related prosecutions in the United States in recent years. Two former JPMorgan metals traders, Christiaan
17 Sep 2019 Probably yesterday's biggest precious metals story was not only the indictment of JP Morgan's precious metals trading desk on 'spoofing' in the JPMorgan metals trader, for engaging in spoofing for the purpose of manipulating precious metals futures prices. According to the DOJ press release: For years 7 Nov 2018 An ex JPMorgan Chase metals trader has pleaded guilty for market manipulation, the judicial case could involve other employees at the bank. 17 Sep 2019 PRECIOUS METAL prices held little changed against most major currencies in Spike, J.P.Morgan's Head Trader Charged with 'Spoofing'.
16 Sep 2019 Two former JPMorgan precious metal traders described as “among the defendant's co-conspirators” already pled guilty to illegal spoofing.
7 Nov 2018 An ex JPMorgan Chase metals trader has pleaded guilty for market manipulation, the judicial case could involve other employees at the bank. 17 Sep 2019 PRECIOUS METAL prices held little changed against most major currencies in Spike, J.P.Morgan's Head Trader Charged with 'Spoofing'. 16 Sep 2019 JPMorgan's metals desk was a criminal enterprise: feds involving three New York-area traders accused of spoofing CME's metals market. 20 Dec 2019 Scrutiny of the precious metals trading unit at J.P. Morgan, one of the into its alleged manipulation of precious metal prices through spoofing,
16 Sep 2019 U.S. prosecutors have accused three JPMorgan traders of rigging futures trades in precious metals for nearly a decade, making millions of
Although other suspected market cheats have been charged with specific spoofing and manipulation offenses, the Justice Department accused JPMorgan metals traders under the so-called RICO statute -- a criminal racketeering law more commonly applied to mafia cases than global bank probes. U.S. authorities that accused six JPMorgan Chase & Co. employees of rigging precious-metals futures are building a criminal case against the bank itself, two people familiar with the situation said. +1 800-780-0350 JPMorgan's Role in Metals Spoofing Is Under U.S. Criminal Probe.
Michael Nowak, the head of precious metals trading at JPMorgan and a bank managing director, and two others, Gregg Smith and Christopher Jordan, were accused of placing fake orders to buy and sell
Although other suspected market cheats have been charged with specific spoofing and manipulation offenses, the Justice Department accused JPMorgan metals traders under the so-called RICO statute -- NEW YORK (Reuters) - A JPMorgan Chase & Co precious metals trader pleaded guilty to spoofing, or placing bogus trade offers, on Tuesday, when he also resigned as an executive director at the bank. Unsealed on Monday morning, the indictment alleges that from May 2008 to August 2016 the defendants along with co-conspirators, engaged in widespread spoofing, market manipulation and fraud while The traders used an illegal tactic called “spoofing,” where they flooded markets with a mix of real and false orders to buy and sell futures contracts on the metals in order to give a false The maneuver, adopted by the traders’ new colleagues at JPMorgan, became part of a spoofing and rigging campaign so expansive that federal authorities have now likened it to a criminal enterprise Michael Nowak, the head of precious metals trading at JPMorgan and a bank managing director, and two others, Gregg Smith and Christopher Jordan, were accused of placing fake orders to buy and sell A former J.P. Morgan Chase trader charged with participating in a “spoofing” scheme to maximize profits on the precious metals market pled guilty in a US federal court on Tuesday.