Thursday, December 8, 2016

Deutsche Bank Provides Proof Of Massive Rigging And Fraud In The Silver Market

Back in April, when we first reported that Deutsche Bank had agreed to settle allegations it had rigged the silver market in exchange for $38 million, we revealed something stunning: "in a curious twist, the settlement letter revealed that the former members of the manipulation cartel have turned on each other", and that Deutsche Bank would provide docments implicating other precious metals riggers. To wit: "In addition to valuable monetary consideration, Deutsche Bank has also agreed to provide cooperation to plaintiffs, including the production of instant messages, and other electronic communications, as part of the settlement. In Plaintiff’s estimation, the cooperation to be provided by Deutsche Bank will substantially assist Plaintiffs in the prosecution of their claims against the non-settling defendants." Overnight we finally got a glimpse into what this "production" contained, and according to documents filed by the plaintiffs in the...

from GoldBroker.com https://www.goldbroker.com/news/deutsche-bank-provides-smoking-gun-proof-massive-rigging-fraud-silver-market-1056

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