Ex-Scotia Capital, Bear Stears metals trader guilty in spoofing case

MinerGate is a multicurrency mining pool with the easiest mining software, reliable 24/7 support service and helpful community at your disposal. Start mining now from your PC

A woman enters Bear Stearns headquarters in New York, March 14, 2008.

Daniel Acker | Bloomberg | Getty Images

A former trader at Scotia Capital and Bear Stearns pleaded guilty Thursday to a federal crime and admitted manipulating precious metals markets for nine years — the latest in a series of crackdowns in the commodities markets by the Justice Department.

READ MORE  Amazon's New Microwave, Echo Auto And Alexa Hunches

The trader, Corey Flaum, 41, of Mount Kisco, New York, is cooperating with an ongoing federal criminal investigation, officials said as…

Source link


Leave a Reply

Your email address will not be published. Required fields are marked *