I remember something similar to the libor scandal involving Robert Kraft and the milk industry. Basically extra truckloads of milk are sold off at reduced prices to other processors. They colluded with each other to fake a market excess and sell these reduced price loads back and forth causing the actual price paid to farmers to drop. In the end there was a lawsuit and the farmers were paid like 3 cents on the dollar for this
I remember something similar to the labor scandal involving Robert Kraft and the milk industry. Basically extra truckloads of milk are sold off at reduced prices to other processors. They colluded with each other to fake a market excess and sell these reduced price loads back and forth causing the actual price paid to farmers to drop. In the end there was a lawsuit and the farmers were paid like 3 cents on the dollar for this