Department of Justice prosecutors charged a sixth JPMorgan executive for cheating in the Precious Metals markets...

Cracks Spread in the Bullion Banks’ Price Management System



Jeffrey Ruffo stands accused of racketeering and spoofing metals prices from 2008 - 2016, along with other crimes including conspiracy to commit wire fraud.

The indictment outlines nearly a decade spent coordinating with other traders in JPMorgan’s precious metals department to rig prices. The activity includes thousands of fraudulent trades placed for two purposes.


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from Precious Metals News
Department of Justice prosecutors charged a sixth JPMorgan executive for cheating in the Precious Metals markets... Department of Justice prosecutors charged a sixth JPMorgan executive for cheating in the Precious Metals markets... Reviewed by Unknown on 07:23 Rating: 5

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