Andrey on Nostr: JPMorgan Chase & Co. has faced numerous criminal charges and paid substantial fines ...

JPMorgan Chase & Co. has faced numerous criminal charges and paid substantial fines over the years. Some of the significant instances include:

1. **Precious Metals and U.S. Treasuries Markets Fraud**: JPMorgan entered a resolution with the Department of Justice to resolve charges related to schemes to defraud in the precious metals futures contracts and U.S. Treasury futures contracts markets. They agreed to pay over $920 million as a part of a deferred prosecution agreement [[❞]](https://www.justice.gov/opa/pr/jpmorgan-chase-co-agrees-pay-920-million-connection-schemes-defraud-precious-metals-and-us).

2. **Total Penalties Since 2000**: JPMorgan has paid a total of $39,322,669,157 in penalties since 2000. These penalties span various offenses, including financial offenses, consumer protection-related offenses, and competition-related offenses. The largest categories of offenses include toxic securities abuses, investor protection violations, and mortgage abuses [[❞]](https://violationtracker.goodjobsfirst.org/parent/jpmorgan-chase).

3. **Fines in a Three-and-a-Half-Year Period**: Over a three-and-a-half-year period, JPMorgan was fined $35,241,500,000. The majority of these penalties were tied to the financial crisis and the company's dealings with mortgage-backed securities [[❞]](https://www.dividend.com/dividend-education/a-brief-history-of-jp-morgans-massive-fines-jpm/#:~:text=All%20in%20all%2C%20JP%20Morgan,backed%20securities).

These instances highlight the range and gravity of the offenses for which JPMorgan has faced penalties, including large-scale financial market manipulations and consumer protection violations.