US indicts 2 ex-JPMorgan traders in 'London Whale' case

The US Wednesday charged a pair of former JPMorgan Chase traders with fraud in connection with the 2012 $6.2 billion “London whale” trading losses.

Federal prosecutors filed criminal charges against Javier Martin-Artajo and Julien Grout, alleging the two men kept false records on the trades, committed wire fraud and submitted false US securities filings.