Displaying results 411 - 420 of 880
CFTC Charges New York Firm 4X Solutions, Inc. and its Principal, Whileon Chay, with Forex Fraud Ponzi Scheme
… Whileon Chay , both of New York City, with fraud and misappropriation in a $4.8 million foreign currency (forex) … further alleges that Chay concealed the trading losses and misappropriation by, among other things, issuing or causing …
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CFTC Charges Wisconsin Resident Eric N. Schmickle and His Company, Q Wealth Management Inc., with Operating a $5.3 Million Commodity Futures Fraud
… to the complaint. To conceal the trading losses and the misappropriation, the defendants allegedly fabricated and …
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CFTC Obtains Orders against Patrick Rakotonanahary and his Company, Cyber Market Group LLC, for Defrauding Customers in a Multi-Million Dollar Foreign Currency Ponzi Scheme
... November 4, 2011 CFTC Obtains Orders against Patrick Rakotonanahary and his Company, Cyber Market Group LLC, for Defrauding Customers in a Multi-Million Dollar Foreign…
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South Florida Residents Frank Anthony DeSantis III and Doreen Rose Valko Ordered to Pay More than $8 Million in Restitution and Penalties for Operating a Foreign Currency Options Scam
… than $8 million in restitution and penalties for fraud and misappropriation of customer funds in connection with their … both Valko and IIHC. The CFTC also alleged that to hide the misappropriation, IIHC and DeSantis generated false customer …
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California Federal Court Orders Paul Abad and His Companies to Pay More than $860,000 in Restitution and a Civil Monetary Penalty to Settle Commodity Pool Fraud Action
… included charges involving false account statements, misappropriation and the use of a scheme to defraud. On …
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CFTC Imposes a $1 Million Penalty on California Resident Craig A. Riley and His Firm, Pressio Capital Management, LP, for Commodity Pool Fraud
… to pool participants to conceal the trading losses and misappropriations. Based on the false account statements, …
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CFTC Charges North Carolina Resident James A. Shepherd and James A. Shepherd, Inc. with Commodity Pool Fraud
... June 17, 2013 CFTC Charges North Carolina Resident James A. Shepherd and James A. Shepherd, Inc. with Commodity Pool Fraud Defendants charged with fraudulently…
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CFTC Orders Nevada Resident Luis Salazar-Correa and His Company, Prosperity Team, LLC, to Pay More than $2.6 Million to Settle CFTC Anti-fraud Forex Action
… Team concealed the massive trading losses and their misappropriation of customer funds by issuing false …
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CFTC Charges Sidney J. Charles, Jr. and his Maryland-based Company, The Borrowing Station, LLC, in Forex Ponzi Scheme
… LLC (Borrowing Station), of Bowie, Md., with fraud, misappropriation, and registration violations in connection …
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California Federal Court Freezes Assets of Paul Abad and His Company, Thirteen Thirty-Two, Inc. in CFTC Anti-Fraud Action
... Release: 5578-08 For Release: December 4, 2008 California Federal Court Freezes Assets of Paul Abad and His Company, Thirteen Thirty-Two, Inc. in CFTC Anti-Fraud Action Defendants Charged with Commodity Pool Fraud, Misappropriating Customer Funds and Concealing Trading Losses Washington, DC ― The U.S.…
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