Former Deutsche Bank Trader Pleads Guilty to Spoofing Precious Metals Futures
By GCRU Gold News on Monday, June 5 2017, 10:22 - Permalink
David Liew, formerly a junior precious metals trader with Deutsche Bank in Singapore, has been permanently banned from trading in CFTC-regulated markets. In court in Chicago last week, Liew pled guilty to charges of fraud for his role in spoofing and manipulating precious metals futures markets - gold, silver, platinum and palladium - between December 2009 and February 2012. His crimes included front-running client orders and trying to trip stop loss orders left with the bank.