The criminal investigation into JPMorgan's (JPM) CIO trading loss turns potentially explosive...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

The criminal investigation into JPMorgan's (JPM) CIO trading loss turns potentially explosive after the bank informed authorities three London traders may have tried to hide losses (which led to the restating of Q1 earnings). The investigation now shifts from looking at the personal trades of those involved to one of fraud.