Two Former Merrill Traders Sentenced To One Year In Prison For Precious Metal Manipulation
March 10, 2023 at 12:25 PM EST
Two former Merrill Lynch traders were each sentenced to a year and a day in prison Thursday for manipulating the precious-metals markets, the US Department of Justice said Thursday. Edward Bases, 61, and John Pacilio, 59, used large “spoof” orders to push precious metal prices up and down for their own gain, the Justice Department said […] Source
