Ex-JPMorgan Gold Trader Faces 30 Years in Prison for Spoofing
1 Comment on Ex-JPMorgan Gold Trader Faces 30 Years in Prison for Spoofing
An Ex-JPMorgan Gold trader was found guilty of fraud in the commodities market. Christopher Jordan was convicted of wire fraud affecting a financial institution by a federal judge in Chicago, the latest win for U.S prosecutors in their crackdown on…
JP Morgan Manipulated Gold to Keep Hedge Funds Happy
An ex-trader says JP Morgan spoofed gold to keep hedge funds happy. He says client orders made a lot of money for the bank. Big hedge funds like Moore Capital Management and Tudor Capital Corp. were so important to JPMorgan Chase…
