A former U.K-based oil trader at
Anthony Stimler entered the plea during a video hearing in Manhattan federal court Monday. Glencore confirmed that Stimler is a former employee at its oil business.
“The conduct described in the plea is unacceptable and has no place in Glencore,” the company said in a statment. “Glencore has cooperated fully with the DOJ and other authorities in their investigations and continues to do so.”
The plea is ...