Financial Fraud: JPMorgan APAC Agreed to Pay Penalty For Its Role in a Scheme to Corruptly Gain Advantages in Winning...

Financial Fraud: JPMorgan APAC Agreed to Pay Penalty For Its Role in a Scheme to Corruptly Gain Advantages in Winning...Financial Fraud: JPM...

Financial Fraud: JPMorgan APAC Agreed to Pay Penalty For Its Role in a Scheme to Corruptly Gain Advantages in Winning...Financial Fraud: JPMorgan APAC Agreed to Pay Penalty For Its Role in a Scheme to Corruptly Gain Advantages in Winning...https://www.fraudswatch.com/financial-fraud-jpmorgan-apac-agreed-to-pay-penalty-for-its-role-in-a-scheme-to-corruptly-gain-advantages-in-winning-banking-deals/JPMorgan’s Investment Bank in Hong Kong Agrees to Pay $72 Million Penalty for Corrupt Hiring Scheme in China JPMorgan Securities (Asia Pacific) Limited (JPMorgan APAC), a Hong Kong-based subsidiary of multinational bank JPMorgan Chase & Co. (JPMC), agreed to pay a $72 million penalty for its role in a scheme to corruptly gain advantages in winning banking deals by awarding prestigious jobs to relatives and friends of Chinese government officials. Assistant Attorney General Leslie R. Caldwell of the Criminal Division, U.S. Attorney Robert L.