Two Ex-Bank of America Traders Accused of Spoofing Found Guilty - wsj.com -BoardProspects

Two Ex-Bank of America Traders Accused of Spoofing Found Guilty

wsj.com Aug 4 2021 BoardNews

Two former Bank of America Corp. traders were convicted Wednesday of rigging precious-metals prices by using an aggressive tactic known as spoofing, the latest win for prosecutors in a yearslong effort to crack down on the practice. A federal jury found Edward Bases and John Pacilio guilty of wire fraud and conspiracy charges after a two-week criminal trial in Chicago...
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