-
By Press Release |
May 16, 2013
CFTC claimed defendants solicited 2,000 customers then misappropriated at least $9.6 million of pool funds for personal use.
-
By Press Release |
May 14, 2013
CFTC orders MB Trading Futures Inc., a registered retail foreign exchange dealer, to pay $200,000 penalty to settle charges of violating minimal financial requirement rules
-
By Press Release |
May 13, 2013
The court said that the defendants ran a forex Ponzi scheme rather than trade client money as promised.
-
By Press Release |
May 6, 2013
Court enters order freezing Defendant’s assets and protecting books and records.
-
By Press Release |
April 29, 2013
Kevin McLaren and Edward Gorman sanctioned $400,000 and banned for 140 days for prearranging trades involving corn futures spreads.
-
By Press Release |
April 18, 2013
CFTC orders The Linn Group, Inc. to pay $400,000 civil monetary penalty for failure to diligently supervise its officers, employees, and agents and to properly handle, monitor and report customer funds.
-
By Press Release |
April 17, 2013
Federal court finds that InovaTrade orchestrated a scheme that induced more than 400 customers to deposit more than $10.6 million over a three year period.
-
By Press Release |
April 15, 2013
A federal court order finds that Robert Cannone and National Equity Holdings fraudulently solicited $1.4 million in client funds.
-
By Press Release |
March 27, 2013
Court finds that Victor Yu of San Jose, Calif., misrepresented trading software and lost almost $2.15 million while failing to register with the CFTC.
-
By Press Release |
March 19, 2013
The court found that MBFX and MXBK misrepresented their historical performance and issued false reports about customer accounts.
