JPMorgan’s Crime Wave Continues, Calling into Question the Justice Department’s Lax Settlement with the Bank Last Year

Gunnar Larson g at xny.io
Mon Dec 20 07:35:37 PST 2021


JPMorgan Chase is the largest bank in the United States. It also has the
scandalous distinction of having admitted to five criminal felony counts
brought by the U.S. Department of Justice since 2014 and a breathtaking
series of additional charges from other regulators. (See its Rap Sheet here
<https://wallstreetonparade.com/12259-2/>.)

On Friday, the Securities and Exchange Commission fined the securities unit
of JPMorgan Chase $125 million for evading the ability of the SEC to
adequately conduct its investigations of the bank because there was
“firmwide” use by traders, supervisors and other personnel of non-official
communications devices to conduct its business, while the firm failed to
record and retain these messages as required by law.
https://wallstreetonparade.com/2021/12/jpmorgans-crime-wave-continues-calling-into-question-the-justice-departments-lax-settlement-with-the-bank-last-year/

-- 
*Gunnar Larson - xNY.io <http://www.xNY.io> | Bank.org <http://Bank.org>*
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G at xNY.io
+1-646-454-9107
New York, New York 10001
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