A former Deutsche Bank AG trader was ordered to serve one year and a day in prison for manipulating gold and silver prices with bogus “spoof” trade orders between 2008 and 2013.
James Vorley, who was convicted of fraud in September, was sentenced Monday by U.S. District Judge John J. Tharp Jr. in Chicago. Vorley’s former co-worker, Cedric Chanu, is scheduled to be sentenced on June 28.
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