ED&F Man Wins Claim Against Singapore Commodities Trader in $283M Metals Fraud February 18, 2022 By Eric Onstad A British high court judge ruled on Wednesday in favor of broker ED&F Man in a claim against Singapore commodities...
Commodities Trader Mercuria Buys $36M of Copper, but Gets Cargo of Painted Rocks March 10, 2021 By Andy Hoffman Commodities trader Mercuria Energy Group Ltd. struck a deal last summer to buy $36 million of copper from a Turkish...
Metals Financing Fraud Lawsuits Reveal Risks of Relying on Paper Receipts January 28, 2019 By Mark Burton and Jonathan Browning When the man running one of London’s biggest metals brokerages found a new client who wanted to finance large volumes...
Commodities Broker Files $284M Suit Alleging Metals Fraud – in Echo of Natixis/Marex Case January 23, 2019 By Eric Onstad Broker ED&F Man has filed a $284 million lawsuit against two Hong Kong companies, alleging that they knowingly provided fraudulent...
Marex Spectron’s Metals Financing Deal Triggers Fraud Lawsuit, Insurance Dispute January 18, 2019 By Eric Onstad Commodities broker Marex Spectron was warned by one of its executives about the risk of fraud before it finalized a...