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Brokerage Says It Should Not Pay $283M Over Metals Fraud

By Sophia Dourou ( December 13, 2022, 5:33 PM GMT) -- A Hong Kong-based brokerage house told an appellate court on Tuesday that it should not have to pay $283 million to ED&F Man over the purchase of nickel through forged receipts, arguing that the commodities trader did not suffer a loss from the fraud....

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