Criminal investigations continued this month into the huge losses, made mainly on the London Metals Exchange, by state-owned Chilean mining company Codelco.
The losses of more than US$200 million in failed futures operations were discovered in January.
Three former sales executives were imprisoned earlier this year on charges of fraud, but later were released when charges were reduced. Codelco’s former chief futures operator was charged with causing losses by deception. A former sales manager and former assistant sales manager are charged with acting as accomplices.
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