JP Morgan Hit With Rico Indictment, The DOJ Alleges Silver Market Manipulation, Bank Fraud, and…
- Silver Report Uncut
JP Morgan has been in the spotlight more than once for spoofing the silver market. Now in this action it is much more involved than the first traders caught manipulating the silver future market and other precious metals. The Banks activities were deemed Rico worthy. JP Morgan through out the indictment is referred to as bank A But these traders may be the first under this increased scrutiny. I’m still waiting on someone to question the largest physical silver hoard accumulated during this time they were holding the silver price down. There is also the charges of silver market manipulation, bank fraud, commodities fraud the list goes on. This is now 5 traders from bank A (JP Morgan) caught manipulating the silver market, gold market, and other precious metals.