Tag Archives: charged
Looks like Forex is in the center of several frauds and irregularities worldwide and that the amounts involved are increasing. This certainly doesn’t contribute to the credibility of the Forex industry as a whole: In Nigeria: The Central Bank (CBN) …
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NFA fines Utah forex dealer member, Interbank FX LLC and its principal $225,000. See the full complaint and Interbank's response
31
2009
NFA fines Utah forex dealer member, Interbank FX LLC and its principal $225,000 July 30, Chicago – National Futures Association (NFA) has ordered Interbank FX LLC (Interbank) and its principal, Todd Crosland to jointly pay a fine of $225,000. Interbank …
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Jason Rogers FXCM’s Online Ambassador is in action answering questions about some technical errors and closed stop loss. GFT announced today an updated version of its DealBook® 360 —customers now have the ability to create more orders using custom strategies, …
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Alpari confirm an investigation is ongoing. Say no staff members were arrested while I hear that at least one non-staff member (IB) was interrogated. Barclay CTA Index Slips 0.87% in June; Volatility Chops Both Long and Short Traders. Managed futures continued …
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Britain’s ICAP Plc (IAP.L), the world’s biggest interdealer broker, said revenue in its latest quarter was up over 10 percent from the year before, aided by rising bond issuance and active commodities markets. Profit is slightly down. SEC requests copy …
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CFTC Charges David M. Kogan and First Capital Futures Group with Commodity Options Fraud
12
2009
David M. Kogan and First Capital Futures Group Allegedly Defrauded 58 Customers of More Than $3 Million Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today charged David Michael Kogan and his company, First Capital Futures Group a/k/a …
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Another Forex Ponzi scheme promising extraordinary returns "with the help of God"
10
2009
Eldon A. Gresham Targeted Persons of the Christian Faith, Soliciting More Than $15 Million; Court Freezes Assets Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today charged Eldon A. Gresham, d/b/a The Gresham Company, of Peachtree City, Georgia, …
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CFTC Charges California Man Patrick Dailey and His Texas Company with Fraud in Connection with a Multi-Million Dollar Commodity Pool
9
2009
Dailey and Strongbow Investments Allegedly Solicited at least $17 Million from Investors; Court Order Freezes Defendants’ Assets and Protects Books and Records Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) announced today that it charged Patrick J. Dailey …
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If you noticed, I’m monitoring here all the Forex ponzi and fraud scams that I know of in order to warn potential naive investors from investment that sound too good to be truth. Every once in a while these scammers …
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Alleged Ponzi schemer gives back the money: James Ossie, the former president and CEO of CRE Capital Corp., has agreed to give back the money he allegedly bilked from investors through a $25 million Ponzi scheme, settling securities fraud accusations …
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