Two More Merc Traders Indicted: A federal...
From Times Staff and Wire Reports
Two More Merc Traders Indicted: A federal grand jury indicted two more Chicago Mercantile Exchange traders on charges of wire fraud, mail fraud and violating exchange rules. The charges bring to 49 the number of people indicted since Aug. 2 in a broad government probe of corruption at the Chicago Merc and the Chicago Board of Trade, the world’s two largest futures exchanges. Indicted were David Zatz and Danny L. Scheck, who trade Swiss franc futures at the Merc.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.