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NFA files complaint against Tracy Morgan Spaeth charging him with multiple misleading forex practices

Nov
23
2011
Posted by Michael Greenberg in IBs and Affiliates,Traders
0 Comments

One of the webinars that Spaeth used to solicit customers promoted a computerized forex trading system, known as Tradestar, that the webinar claimed was almost risk-free and consistently profitable. The Tradestar trading system was developed and/or owned by Trade Star Incorporated, a company controlled by a convicted felon named Robert Mihailovich (Mihailovich), who, in July 2010, was charged by the Commodity Futures Trading Commission (CFTC) with fraudulently soliciting over $30 million from customers for forex and futures investments.
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