Two former JPMorgan Chase & Co. traders were accused of trying to conceal the size of the investment bank's $6 billion trading loss last year in criminal conspiracy charges unsealed Wednesday in the Southern District that raised fresh questions about whether Wall Street learned its lessons from the 2008 financial crisis.
Javier Martin-Artajo, 49, and Julien Grout, 35, and their coconspirators were accused of "artificially increasing the market value of securities to hide the true extent of hundreds of millions of dollars of losses," according to court papers.
