JPMorgan Chase's nickel worth millions that turned out to be stones
JPMorgan Chase believed that it had nickel worth $1.3 million lying in a warehouse in Rotterdam, the Netherlands, for years. However, the London Metal Exchange (LME) has revealed that the bags supposedly carrying nickel actually had stones in them, as per reports.
Access World Group, the owner of the warehouse, can be at the receiving end and has to foot the bill of the loss that JPMorgan Chase suffered. Photo: Unsplash