Freepoint Commodities
 | This article needs more citations. (December 2024) |
| Type | Private |
|---|---|
| Industry | Commodities trading |
| Founded | 2011 |
| Headquarters | , United States |
Key people |
|
Number of employees | 625 |
| Website | freepoint |
Freepoint Commodities is a commodities trading company based in Stamford, Connecticut.
In February 2023, a former employee of the company and its agent in Brazil were indicted for their alleged role in a bribery scheme.[1]
In December 2023, the company agreed to pay more than $98 million to settle an alleged conspiracy to bribe Brazilian officials to attain contracts with Petrobras.[2]
In March 2024, the company's head of European physical gas trading, resigned to start a new gas and power hedge fund.[3]
References
[edit]- ↑ Tokar, Dylan (2023-02-17). "Former Freepoint Commodities Trader Charged With Bribing Brazilian Officials". Wall Street Journal. ISSN 0099-9660. Retrieved 2024-12-20.
- ↑ Sun, Mengqi (December 14, 2023). "Freepoint Commodities to Pay $98 Million to Settle Criminal Foreign Bribery Probe". Wall Street Journal – via www.wsj.com.
- ↑ "Freepoint's Top Gas Trader Quits to Start Own Energy Hedge Fund". Bloomberg.com. 2024-03-15. Retrieved 2024-12-20.