Let's summarize once again: a gold-smuggling scandal that took place under the nose of the US and the international community for years, one which allowed Iran to skirt international sanctions for years using gold as a barter tool to keep its economy going, and one which involved not only the economic and prime ministers of Turkey (and current president) as well as countless corrupt Turkish politicians and the richest person in Iran, but also the second most powerful person in Dubai, the largest holding company in the Arab Emirates and the largest gold holding company in the Gulf state.

CME Group Inc on Thursday barred two traders from its markets for allegedly colluding to enter orders repeatedly with no intention of trading, a strategy that has been fingered as a key contributor to the 2010 Wall Street flash crash.

Cunning fraudsters have conned the Ukraine Central Bank branch in Odessa into buying $300,000 worth of gold which turned out to be lead daubed with gold paint.

The U.S. Commodity Futures Trading Commission has filed a civil enforcement complaint in the U.S. District Court for the Southern District of Florida against International Monetary Metals (IMM) of Hollywood, Florida, and its president Martin Sommers of Cooper City, Florida.

The complaint claimed that, since at least July 16, 2011, to March 2013, IMM “solicited and accepted a total of at least $6 million from about 240 retail customers for precious metals transactions.” However the precious metals (including gold, silver and platinum) were never actually delivered to IMM’s customers, according to the CFTC.