Tag Archives: fraud
I’m trying to confirm whether this is true but based on some Google searches I assume it is. The Business Trial Group of Morgan & Morgan, P.A. filed a class action lawsuit today against Forex Capital Markets, LLC (FXCM) (NYSE:FXCM) alleging …
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Federal court issues emergency order freezing Linton’s assets and preserving books and records. Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained an emergency federal court order freezing the assets of defendant Anthony Eugene …
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Malaysia has been blessed with a very active forex trading crowd, this unfortunately always attracts scammers: The Securities Commission Malaysia (SC) today secured a deterrent sentence against Raja Noor Asma Raja Harun, the director of FX Capital Consultant and FX …
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The folks at Forex Peace Army have done a good job gathering all the relevant links on the internet so I’ll just provide a brief summary and link to their post: A North Carolina businessman, Keith Simmons, has been charged …
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Utah Resident Darren L. Shanks and His Firm, Forex Auto Profits, LLC, Ordered to Pay More than $2.9 Million in Fines and Restitution for Fraud and Misappropriation in Foreign Currency Scheme Washington, DC – The U.S. Commodity Futures Trading Commission …
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Reading the following: “InformedPoints Becomes First Virtual Currency to Enter Global Currency War: InformedPoints, a virtual currency that can be purchased or earned by members of the InformedTrades community, has revised its monetary policy so that its value is pegged to …
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Oklahoma Court Orders $26 Million in Penalties Against Prestige Ventures Corporation, Federated Management Group, Inc., Kenneth W. Lee and Simon Yangin in forex Ponzi Scheme
10
2010
Washington, DC –The U.S. Commodity Futures Trading Commission (CFTC) announced that it obtained more than $26 million in restitution and civil monetary penalties against defendants Kenneth W. Lee of Mt. Pleasant, S.C., Simon Yang of Edmond, Okla., Prestige Ventures Corp. …
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Georgia Court Orders CRE Capital Corp. and its Owner James G. Ossie to Pay $25.7 Million in Forex Ponzi Scheme
10
2010
Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) announced that it obtained $25.7 million in civil monetary penalties and restitution in a federal court consent order against CRE Capital Corporation (CRE) and its president and owner, James G. Ossie …
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I advise everyone to spend 5 minutes reading the short document embedded below – it’s a prime example of what kind of people we sometime have to deal with in this market. December 6, Chicago – National Futures Association (NFA) …
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CFTC Charges Ronald Satterfield, His Two Companies and Nicholas Bos with Operating a Multi-Million Dollar Forex Ponzi Scheme in Four States
15
2010
Federal court freezes defendants’ assets and prohibits destruction of books and records. Washington, DC – The U.S. Commodity Futures Trading Commission (CFTC) today announced that it charged Ronald E. Satterfield of Charleston, S.C., his South Carolina-based companies, Graham Street Forex …
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