Displaying results 31 - 40 of 183

Federal Court Orders Alabama Man to Pay More Than $16 Million in Precious Metals Fraud

… thousands of customers throughout the U.S. who purchased precious metals from or through BDI through various … account statements to these customers, showing balances of precious metals and cash that were not in McAllister’s or …

CFTC Charges Georgia Company and Florida Residents with Precious Metals Fraud and Misappropriation of Nearly $900,000

… fraud, engaging in illegal, off-exchange transactions in precious metals, and misappropriating $890,500 of customer funds. … off-exchange retail commodity transactions involving precious metals. Notably, Alista’s leveraged precious metals …

Joint Effort Launches to Warn Retirees about Precious Metals Fraud and Gives Tips on Protecting Themselves

… gold and silver investment scams that tout over-priced metals and coins as “safe investments,” but instead charge … the questions people should ask before making a physical precious metals purchase. The CFTC also released Lies Versus … highlights the common lies scam dealers tell. Fraudulent precious metals dealers often push the idea of retirement …

CFTC Orders Florida Resident Derek J. Bridges and His Companies, Empire Sterling Metals Corp. and I.P.M. Investments, Inc., to Cease Illegal Fictitious Precious Metals Sales

… Derek J. Bridges and His Companies, Empire Sterling Metals Corp. and I.P.M. Investments, Inc., to Cease Illegal Fictitious Precious Metals Sales Order includes restitution award and … Inc. (I.P.M.), for engaging in illegal, off-exchange precious metals transactions. The CFTC Order requires …

Federal Court Orders California-Based Defendants Bharat Adatia, Lions Wealth Holdings, Lions Wealth Services, and 20/20 Precious Metals to Pay over $5.3 Million in Monetary Sanctions for Multi-Million Dollar Fraudulent Precious Metals Scheme

… Lions Wealth Holdings, Lions Wealth Services, and 20/20 Precious Metals to Pay over $5.3 Million in Monetary Sanctions for Multi-Million Dollar Fraudulent Precious Metals Scheme Defendants Defrauded Customers of …

CFTC Charges Three Men and Their Florida-Based Berkley Companies with $2.7 Million Precious Metals and Rare Diamonds Fraud

… and Their Florida-Based Berkley Companies with $2.7 Million Precious Metals and Rare Diamonds Fraud Massachusetts Resident … Charged with Fraud, Engaging in Illegal, Off-Exchange Precious Metals Transactions, and Registration Violations …

CFTC Charges Monex Deposit Company, its Affiliates, and their Principals in Multi-Million Dollar Fraudulent Precious Metals Scheme

… and their Principals in Multi-Million Dollar Fraudulent Precious Metals Scheme CFTC alleges that defendants deceived … dollars in connection with illegal, off-exchange leveraged precious metals transactions Washington, DC – The U.S. …

CFTC Charges Omega Knight 2, LLC, Aviv Michael Hen, and Erez Hen with $5.5 Million Precious Metals Fraud

… 2, LLC, Aviv Michael Hen, and Erez Hen with $5.5 Million Precious Metals Fraud CFTC Also Charges Defendants with Engaging in Illegal, Off-Exchange Precious Metals Transactions Washington, DC – The Commodity …

CFTC Orders Morgan Stanley Capital Group Inc. to Pay $1.5 Million for Spoofing in the Precious Metals Futures Markets 

… Capital Group Inc. to Pay $1.5 Million for Spoofing in the Precious Metals Futures Markets  Washington, DC — The CFTC on Monday, … Inc. for engaging in spoofing on multiple occasions in the precious metals futures markets from at least November 2013 …

In CFTC Actions, Two Former Precious Metals Traders Admit To Engaging in Spoofing and Manipulation at New York Banks

… July 25, 2019   In CFTC Actions, Two Former Precious Metals Traders Admit To Engaging in Spoofing and … two orders filing and settling charges against former precious metals traders at separate financial institutions …