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View Full Version : Metals Trading Has a Paper Fraud Problem - Bloomberg



FraudNews
07-04-2017, 07:21 AM
http://www.fraud-news.com//t2.gstatic.com/images?q=tbn:ANd9GcSgGyk9-orULjRdIAHLTkC2tRy8B44BN7Q6Zlw7POoS85HTVrcIaE2ekOO Bfu767CgoPsruicNN
Bloomberg (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEwuziUjtoFLpEb5WnhYAzW9BiUQg&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779547374298&ei=AEJbWfj-HNTDzALP8rvoBA&url=https://www.bloomberg.com/news/articles/2017-07-03/paper-trail-on-metal-loans-ended-in-fakes-as-banks-lose-millions)


Metals Trading Has a Paper Fraud Problem (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEwuziUjtoFLpEb5WnhYAzW9BiUQg&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779547374298&ei=AEJbWfj-HNTDzALP8rvoBA&url=https://www.bloomberg.com/news/articles/2017-07-03/paper-trail-on-metal-loans-ended-in-fakes-as-banks-lose-millions)
Bloomberg
For all the high-tech wizardry of modern financial markets, there's one corner of the commodity world that still depends almost entirely on printed paper -- making it an easy target for crooks. Buyers and sellers of base metals like copper, aluminum ...

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More... (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNEwuziUjtoFLpEb5WnhYAzW9BiUQg&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779547374298&ei=AEJbWfj-HNTDzALP8rvoBA&url=https://www.bloomberg.com/news/articles/2017-07-03/paper-trail-on-metal-loans-ended-in-fakes-as-banks-lose-millions)