Tag Archives: Profitstars
NFA files complaint against Tracy Morgan Spaeth charging him with multiple misleading forex practices
One of the webinars that Spaeth used to solicit customers promoted a computerized forex trading system, known as Tradestar, that the webinar claimed was almost risk-free and consistently profitable. The Tradestar trading system was developed and/or owned by Trade Star Incorporated, a company controlled by a convicted felon named Robert Mihailovich (Mihailovich), who, in July 2010, was charged by the Commodity Futures Trading Commission (CFTC) with fraudulently soliciting over $30 million from customers for forex and futures investments.
NFA takes emergency enforcement action against Dallas firm, Profitstars Intl and its principal Ulysis Starling
National Futures Association (NFA) announced that it has taken an emergency enforcement action against Profitstars Intl Corp. (PSI) and its associated person and listed principal, Ulysis Starling. PSI is a Commodity Trading Advisor and Commodity Pool Operator located in Dallas, …