- JPMorgan Chase kept bags of stones in a warehouse thinking they were nickel.
- The discrepancy was discovered by the London Metals Exchange last week.
- But this is not an isolated case — it has happened before.
JPMorgan Chase received a bag of stones instead of the nickel it ordered, in a surprising mix-up last week at a warehouse in Rotterdam, a Dutch port city.
It isn’t clear if this is due to an accident, theft, or fraud.
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