Tag Archives: forex scheme
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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FINMA puts swiss pb in liquidation, second bust Swiss forex brokerage after Crown Forex
9
2011
Just like with the notorious Crown Forex FINMA took over swiss pb’s website and put the following announcement there: “With an order dated March 25th, 2011 the Swiss Financial Supervisory Authority FINMA has adjudicated the bankruptcy of swiss pb AG …
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Two years after being charged with operating a Ponzi scheme through his company CRW Management LP that solicited at least $10.9 million from more than 250 investors, ostensibly to perform foreign exchange trading Ray White on Tuesday was sentenced to 10 years …
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