CFTC seeks Court order of injunction, asset freeze against My Forex Funds
The CFTC moves the Court to approve a preliminary injunction, asset freeze and the appointment of a permanent receiver in the case against My Forex Funds.
The CFTC moves the Court to approve a preliminary injunction, asset freeze and the appointment of a permanent receiver in the case against My Forex Funds.
The defendants will have to pay a fine of $15,981,519, as well as restitution of $5,327,173.
The order also permanently bans Ramkishun from registering with the CFTC and from trading on any registered entity.
The CFTC seeks an entry of default against FX and binary options fraudster Patrick Wonsey d/b/a One Bell & Associates.
Safeguard Metals LLC and Jeffrey Ikahn (formerly Jeffrey Santulan a/k/a Jeffrey Hill) were found liable for operating a $68 million fraudulent scheme.
The Commodity Futures Trading Commission (CFTC) today issued an order filing and settling charges against Ceres Global Ag Corp.
From January 2020 through the present, Edwin M. Carrion, Jason F. Rodriguez, and TTT, operated a fraudulent scheme.
Instead of trading pool participant funds as promised, Wonsey misappropriated the funds for his personal benefit.
CFTC alleges that My Forex Funds minimizes the likelihood that customers trade profitably, by using pretexts to terminate customer accounts.
SignalPush offered customers and prospective customers the ability to obtain trade signals and to automate trading on binary options.