Tag Archives: fraud
Federal Court Orders Dennis Todd Hagemann and Yellowstone Partners to Pay $1.6 Million for Defrauding Investors in a Forex Ponzi
10
2011
Exactly a year has passed since CFTC lodged the charges and now they were able to receive a court ruling. Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal default judgment order …
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If you needed any more proof that not only retail forex brokers mess with forex prices you now have another suit against a major bank for just the same. Reuters reports that Bank of New York Mellon was sued by a …
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Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a complaint in the U.S. District Court for the Western District of Wisconsin charging defendants Jacob Juma Omukwe, JadeFX Ltd. (JadeFX) and Jade Investments Group, …
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It seems it’s today’s fashion to sue FXCM. Yet another investigation into FXCM was just announced. This is the fourth case in a month that FXCM is either being sued or is being investigated. One of the previous two investigations …
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Two weeks ago I reported that two different lawfirms are investigating FXCM to determine whether it has violated federal securities laws by issuing false and misleading statements to its shareholders. Only 3 months passed from the Company’s IPO, shares of …
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CFTC Charges David Ortiz and his Companies, Goyep International and Royal Returns with a Forex Scam
1
2011
Federal court freezes defendants’ assets and protects books and records. Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it filed an anti-fraud enforcement action against defendants David L. Ortiz of Vero Beach, Fla., and his …
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CFTC Charges Randall Lynn Stuckey with Soliciting at Least $2.8 Million in Forex Fraud
23
2011
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it filed an anti-fraud civil lawsuit charging defendants Randall Lynn Stuckey of St. Peters, Mo., and his Missouri-based business entities, Stuckey Group, L.P., Stuckey Group II, L.P. …
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Federal Court Freezes Assets of Larry Benny Groover, Charged by the CFTC with Operating a Forex Ponzi Scheme
17
2011
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal court order freezing the assets of defendant Larry Benny Groover of Gunter, Texas, charged with operating a $1.4 million foreign currency (forex) Ponzi …
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CFTC Obtains Asset Freeze against Keith Simmons, Deanna Salazar, Bryan Coats, Jonathan Davey and Their Companies, Charged in $35 Million Forex Ponzi
17
2011
Washington, DC – The Commodity Futures Trading Commission (CFTC) announced that it obtained a federal court order freezing the assets held by defendants Keith F. Simmons of West Jefferson, N.C., Bryan Coats of Clayton, N.C., Jonathan Davey of Newark, Ohio, …
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Back in 2009 the California attorney general’s office has charged the State Street Corporation (company that owns Currenex) with fraud, accusing the company of cheating the state’s two largest pension funds of at least $56.6 million by overcharging them for …
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