Ex-JPMorgan Banker Pleads Guilty In Muni Bond Probe

Law360, New York (July 18, 2012, 9:16 PM EDT) -- A former JPMorgan Chase & Co. banker pled guilty Wednesday to conspiring to rig bids as part of a 2002 municipal bond deal involving a New Jersey hospital, and said he would testify in other prosecutions connected with the scheme.

Alexander Wright, 45, pled guilty to a single count of conspiring to commit wire fraud in a hearing before U.S. Magistrate Judge Frank Maas in New York federal court.

According to the plea agreement, Wright will cooperate in prosecutions and federal investigations of "related criminal laws...
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