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An ex-J.P. Morgan Chase trader admitted to having manipulated the US markets of a range of precious metals for about seven years – and involved his supervisors at the bank.
John Edmonds, 36, pleaded guilty to merchandise fraud and a charge of conspiracy to commit electronic fraud, price manipulation and identity theft, according to a statement released on Tuesday. the US Department of Justice. Edmonds spent 13 years at J.P. Morgan in New York until his departure last year, according to his LinkedIn account.
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