Deleted 47 million emails – gets a million fine

Deleted 47 million emails – gets a million fine

JP Morgan is fined. Archive image. – Photo: Michel Euler/AP/TT

The American major bank JP Morgan is fined four million dollars, equivalent to SEK 43 million, by the American financial inspection agency SEC.

The background is that the bank must have accidentally deleted around 47 million emails that belonged to part of the bank’s operations, which made several planned inspections by the SEC impossible.

The bank has neither admitted nor denied the crime but agreed to the legal settlement.

Notifications

Turn on notifications to get the latest news from Nyheter24.

Decline Accept

Notifications from your city

Turn on notifications for your city to get the latest Blåljus news from Nyheter24.

Decline Accept

nh2-general