August 10, 2026
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Two former JPMorgan traders sentenced to prison for fraud

by August 23, 2023 0

Two former JPMorgan Chase precious metals traders have been sentenced for fraud, attempted price manipulation, and spoofing. Gregg Smith was sentenced to two years in prison and a $50,000 fine, while Michael Nowak received one year and one day in prison and a $35,000 fine. The manipulation scheme lasted eight years and resulted in...

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Two former JPMorgan traders sentenced to prison for fraud

by August 23, 2023 0

Two former JPMorgan Chase precious metals traders have been sentenced for fraud, attempted price manipulation, and spoofing. Gregg Smith was sentenced to two years in prison and a $50,000 fine, while Michael Nowak received one year and one day in prison and a $35,000 fine. The manipulation scheme lasted eight years and resulted in...

Read More