Margo Brock

Anton Posner and Margo Brock from Mercury Group, experts in commodities collateral management, discuss the alarming rise of counterfeiting in the commodities market. They recount recent scandals where bags of stones were mistaken for nickel and painted rocks for copper. The duo delves into the historical roots of these issues, highlighting how complacency in long-term trading relationships can lead to fraud. They also emphasize the importance of rigorous audits and technological advancements to prevent future scandals, making the case for increased vigilance in the industry.