Big Banks Fined $5.7 Billion After Pleading Guilty To Global Currency Conspiracy
Source: wwwtruthinmedia.com | Original Post Date: May 20, 2015 –
On Wednesday, the Department of Justice announced that five major banks – Barclays, Royal Bank of Scotland, JPMorgan Chase, UBS and Citigroup – will be fined approximately $5.7 billion after pleading guilty to crimes involving the manipulation of global currencies and interest rates.
The DoJ noted that four of the banks – Citigroup, JPMorgan Chase, Barclays and the Royal Bank of Scotland – have been forced to plead guilty to antitrust violations in the foreign exchange market, after they allegedly worked together to enhance their profits by manipulating the $5-trillion-a-day foreign exchange market to $10 billion.
Source: http://soundofheart.org/galacticfreepress/content/big-banks-fined-57-billion-after-pleading-guilty-global-currency-conspiracy
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and the little guy goes to prison for failing to pay a little tax or for smoking doobies.
JAIL TIME FOR THIEVES, BIG AND SMALL!
FINES ARE NOT ENOUGH!!!!
Anyone that lost funds while trading in currencies should get all their funds returned.