Comment on The Wall Street Journal: Swiss commodities trader Trafigura hit by suspected nickel fraud and could lose $577 million

The Wall Street Journal: Swiss commodities trader Trafigura hit by suspected nickel fraud and could lose $577 million

Trafigura Group thought it was buying containers full of nickel but some contained no nickel at all, the giant commodities trader said, describing itself as the victim of a “systemic fraud” that could cost it more than half a billion dollars.

 

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