Three Former JPMorgan Metals and Gold Traders Face Criminal Charges and Jail Time.
They are suspected of manipulating prices between 2008 and 2016.
“Tell Gregg to wake up!”. On January 18, 2012, a disgruntled hedge fund comes to Jeffrey Ruffo, JPMorgan's star salesman in charge of hedge fund clients. He is selling 93,200 ounces of gold at a price that he is not happy with because it is too low.
Gregg Smith, the star trader of the American bank, comes into play.
The operator, who clicks faster than hi…
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