What is the Gold Standard

Metals $21M Fraud: Judge Orders Deutsche To Detail Their Role

EDITOR NOTE:  In the latest of metals manipulation cases, Deutsche Bank has been accused of a fraudulent $21.8 million aluminum transaction. Want to know the details? Check out this Law360 article.

A judge on Friday ordered Deutsche Bank AG to respond to a commodity trader's assertions that the bank was an active buyer in the metals market, in litigation over an allegedly fraudulent $21.8 million aluminum transaction in which the bank says it only financed the spurious deal.

Read full article at Law360