UK High Court shuts down two rare earths traders

By Antonio Torrisi
Published: Tuesday, 18 November 2014

The prosecution by the UK police of two suppliers of rare earths, which targeted vulnerable small investors to make disproportionate payments for holdings of the minerals, shows how unscrupulous companies are manipulating the market volatility, with further risk of putting off future potential investors.

The UK High Court has shut down two rare trading companies, Denver Trading AG and Denver Trading Ltd, which sold rare earths as investments to the British public.

Swiss-registered Denver Trading AG and Seychelles-registered Denver Trading Ltd supplied rare earths contracts to members of the public through a network of over 40...

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