JPMorgan metals trader pleads guilty to spoofing, resigns from bank
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NEW YORK (Reuters) - A JPMorgan Chase & Co precious metals trader pleaded guilty to spoofing, or placing bogus trade offers, on Tuesday, when he also resigned as an executive director at the bank.The guilty plea and resignation of Christian Trunz, 34, of London, were announced by the U.S. Department of Justice.Trunz admitted in the federal court in Brooklyn, New York, to having from July 2007 to August 2016 at JPMorgan and another bank placed thousands of orders for gold, platinum and palladium..