Tag Archives: forex ponzi
Federal Court Finds that Gary and Brenda Martin and Queen Shoals Consultants Defrauded Customers in Forex Scheme
9
2011
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) announced that it obtained a federal court consent order finding that defendants Gary D. Martin and Brenda K. Martin (the Martins) of St. Augustine, Fla., and their company, Queen Shoals …
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CFTC Charges Susan G. Davis, David E. Howard II, Joseph Burgos, and their Companies with Fraud in Forex Scheme
29
2011
Federal court issues order freezing defendants’ assets and prohibiting destruction of books and records. Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today charged Susan G. Davis of Jersey City, N.J. and St. Petersburg, Fla., David E. Howard …
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Washington, D.C., July 15, 2011 – The Securities and Exchange Commission filed fraud charges Thursday against the CEO of a purported foreign currency trading firm, alleging he scammed hundreds of investors with false promises of high, fixed-rate returns while secretly using their money to fund his start-up alternative newspaper.
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CFTC Obtains Default Judgment and Permanent Injunction against David L. Ortiz, Goyep International and Royal Retuerns for forex scam
13
2011
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge K. Michael Moore of the U.S. District Court for the Southern District of Florida entered an order of default judgment and permanent injunction against David L. Ortiz of Vero Beach, Fla., and his companies, Goyep International, Inc. (Goyep) of Vero Beach, Fla., and Royal Returns, Inc. of Hollywood, Fla.
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CFTC’s complaint alleges that since at least September 2006 Mark Rice through his Financial Robotics company has fraudulently solicited from at least one person $10.4 million for the purported purpose of trading forex managed accounts. Washington, DC – The U.S. …
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CFTC Charges Flint-McClung Capital LLC and Shawon McClung with Fraud and Misappropriation in $1.9M Forex Ponzi Scheme
1
2011
This is a second Forex Ponzi scheme halted by the CFTC after it charged Louis Giddens, Anthony Dutton and Michael Gomez with Fraud and Misappropriation in $1.4 Million in Forex Scheme yesterday. Washington, DC – The U. S. Commodity Futures Trading …
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CFTC Charges Louis Giddens, Anthony Dutton and Michael Gomez with Fraud and Misappropriation in $1.4 Million in Forex Scheme
30
2011
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of charges against two air traffic controllers, Louis J. Giddens, Jr. of Fayetteville, Ga., and Anthony W. Dutton of Peachtree City, Ga., as well as commodity …
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CFTC Orders Mark Adrian to Pay $140,000 Civil Penalty in Fraudulent Forex Scheme
27
2011
Adrian pleaded guilty to federal criminal wire fraud and faces sentencing on August 2, 2011. Washington, DC ― The U.S. Commodity Futures Trading Commission (CFTC) today filed and simultaneously settled charges against Mark Adrian of Delray Beach, Fla., for his …
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CFTC Charges Juvenal Machado and Florida-based Invers Forex, LLC with Defrauding Forex Customers of Almost $800,000 in Ponzi Scheme
26
2011
It seems that conning your friends and especially your church members is becoming quite a popular way for forex scammers to find easy money. Back in 2009 Eldon Gresham was charged by CFTC with targeting people of the Christian faith by promising …
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For some reason there seem to be dozens of forex fraudsters specifically in Texas, check this search to see many more results: http://forexmagnates.com/page/2/?s=texas. On May 21, 2009, the Securities and Exchange Commission filed a civil action against PrivateFX Global One Ltd., …
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