LBMA Board Member & JP Morgan Managing Director Charged with Rigging Precious Metals
By GCRU Gold News on Tuesday, September 17 2019, 21:38 - Permalink
Michael Nowak, JP Morgan Chase managing director and head of the bank’s global precious metals desk, who is also a Board member of the London Bullion Market Association (LBMA), has just been indicted & charged by the US Department of Justice (DoJ) with manipulating the prices of precious metals-futures contracts over an 8 year period.